Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Crypto News: Binance Alerts Indian Users on New KYC Requirement

Share This Post

The post Crypto News: Binance Alerts Indian Users on New KYC Requirement appeared first on Coinpedia Fintech News

Binance has announced that all users in India, both new and existing, are required to complete a Know Your Customer (KYC) re-verification process. This step is part of the exchange’s ongoing efforts to meet global compliance standards and strengthen account security.

In line with India’s anti-money laundering (AML) laws, Binance is requesting users to provide valid PAN (Permanent Account Number) details. The exchange emphasized that this is a standard requirement for all crypto platforms registered under Indian AML legislation.

Binance, which is registered with India’s Financial Intelligence Unit, assured users that any personal information submitted will be handled securely and only used to meet legal obligations.

The platform has sent detailed instructions via email to affected users and thanked the community for its continued cooperation and support.

This update follows recent reports that the Income Tax Department has asked whether the 1% TDS on crypto transactions has been collected. Indian investors are now required to either show proof that TDS was paid or provide documents explaining why it doesn’t apply to them, as per official tax notices.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

BlackRock’s Bitcoin exposure rises to over $5 billion as of the end of Q1

BlackRock expanded its exposure to Bitcoin-linked assets in the first quarter of 2025, pushing its total investments to more than $54 billion, according to data from Timechainindex Between the last

Avalanche Bounces Off Key Price Level: Top Indicator Flashes A Buy Signal

Avalanche (AVAX) is now testing a critical support zone at the $20 level after a strong 55% surge from local lows registered in early April This level could determine the next phase of price action,

Binance founder advises Kyrgyzstan to adopt Bitcoin and BNB for national crypto reserve

Binance founder Changpeng Zhao has recommended that Kyrgyzstan consider Bitcoin and BNB as the first assets in building its National Crypto Reserve His May 5 suggestion followed an invitation to join

Top AI Tokens to Consider Ahead of the Next Bull Run-TAO, FET, And RENDER Price to Explode

The post Top AI Tokens to Consider Ahead of the Next Bull Run-TAO, FET, And RENDER Price to Explode appeared first on Coinpedia Fintech News The growing optimism within the crypto markets has

Left-Leaning Lobby Group Claims Trump’s Executive Order Paved Way for His Own $2.9B Crypto Boom

President Donald Trump’s cryptocurrency ventures have added an estimated $29 billion to his wealth in six months, according to an April 23 report by the left-leaning State Democracy Defenders Fund

Can Pepe or Pepeto make x100 after the drama, best time to buy Pepe now?

The post Can Pepe or Pepeto make x100 after the drama, best time to buy Pepe now appeared first on Coinpedia Fintech News We’re seeing altcoins quietly pull ahead and fear-driven hesitation could