The Indian government initiated the blocking of URLs of 9 offshore crypto exchanges and issued 'show cause' notices after an official request from the local crypto and Web3 association's advocacy body. The request was made to the finance ministry, and the decision followed a letter from the Indian crypto and Web3 advocacy body. The exchanges affected include Binance, KuCoin, Huobi, Kraken, Bittrex, Bitstamp, MEXC Global, and Bitfinex. The move is part of India's crackdown on overseas crypto exchanges operating illegally in the country.
India is clamping down on overseas crypto exchanges like Binance and Kraken that it says are operating illegally there, moving to block local access to their websites https://t.co/VMkbMihbVY
India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Binance, KuCoin, Huobi, Kraken, https://t.co/gs2tvvGDTE, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges. Source https://t.co/GxsNcTBMud via @coindesk
India is clamping down on overseas crypto exchanges like Binance and Kraken that it says are operating illegally there, moving to block local access to their websites https://t.co/9Pwey1aO61
The Indian government is blocking the URLs of 9 offshore #crypto platforms operating illegally in India. https://t.co/9rhSP2F8ry
India Cracks Down on Offshore #Crypto Exchanges ā Blocks Binance and 8 Other #Crypto Service Providers https://t.co/9rhSP2F8ry
The Indian government's decision to initiate the blocking of URLs of 9 offshore exchanges and issue them "show cause" notices came after an official request from the local crypto and Web3 association's advocacy body @BWA_Ind. https://t.co/4cIIoNbEOU
The people of India are going through turbulent times with the ban of 9 crypto exchanges. But, how did we get here? Timeline of FUD from the Indian government and central bank šš¼ š“ 2020/ April: Reserve Bank of India (RBI) bans banks from dealing with crypto exchanges,ā¦
Sources: India's decision to seek the blocking of URLs of nine foreign crypto exchanges came after a letter from the Indian crypto and Web3 advocacy body (@amitoj / CoinDesk) https://t.co/d8j0kBrcHZ š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/2WF6eg6Rgx
SCOOP: For those following this story about how India blocked URLs of 9 offshore crypto exchanges and issued showcase notices to them. India's finance ministry did that after an official request from the Indian crypto industry through its advocacy body. Just FYI:) https://t.co/3wjmEtkhHM
SCOOP: The Indian government's decision to initiate the blocking of URLs of 9 offshore exchanges and issue them "show cause" notices came after an official request from the local crypto and Web3 association's advocacy body @BWA_Ind. By @amitoj https://t.co/lAhtTDruHh