Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

binance, one of the leading cryptocurrency exchanges, is currently facing an $86 million tax demand from Indian authorities under the Goods and Services Tax (GST) framework This development comes at a time when binance is working to reestablish its presence in India, amidst a challenging regulatory environment binance’s Reenters India Amid Regulatory Scrutiny binance's return to the Indian market follows approval from Indian anti-money laundering (AML) agencies to resume operations On August 15, 2024, binance announced its reentry into the Indian market, signaling a renewed focus on cryptocurrency adoption in India's rapidly growing digital economy However, binance's reentry is complicated by past regulatory issues...