Cryptocurrency Q&A
Why did Apple remove Binance & kucoin from App Store in India?
Why did Apple remove Binance & kucoin from App Store in India?
GeishaWhisper
Sun Feb 16 2025
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6
answers
778
Apple removed Binance and Kucoin from the App Store in India due to non-compliance with anti-money laundering regulations. These cryptocurrency exchanges, along with several others, were blacklisted by Indian authorities for illegal operations.
6 answers
CryptoEnthusiast
Tue Feb 18 2025
Apple has taken action against several cryptocurrency exchanges in India.
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Isabella
Tue Feb 18 2025
The company has removed Binance, Kucoin, and OKX from its App Store in the country.
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Lorenzo
Mon Feb 17 2025
This decision follows a show-cause notice sent to nine virtual digital asset (VDA) service providers by the finance ministry.
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Valentina
Mon Feb 17 2025
The notice likely raised concerns about the regulation and compliance of these exchanges in India.
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Valentina
Mon Feb 17 2025
Apple's removal of these apps suggests it is taking a cautious approach to the cryptocurrency market in the region.
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