Apple removes crypto exchange apps from App Store in India
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Apple has removed several offshore cryptocurrency exchanges, such as Binance, Kucoin, and OKX, from its App Store in India, according to Moneycontrol. This comes after a show-cause notice was issued by the Ministry of Finance to several companies, including Binance, Kucoin, Houbi, Kraken, Bitstamp, MEXC Global, and Bitfinex. The notice, sent on December 28, targeted nine virtual digital assets (VDA) service providers for operating illegally in India without proper registration and compliance with local tax regulations.