Indians are turning to local exchanges amid clampdown on foreign platforms

Indians are turning to local exchanges amid clampdown on foreign platforms

India blocked access to global crypto exchanges, including Binance, KuCoin, and OKX, on Jan. 12. India has instituted an IP block that prevents Indians from accessing the URLs of foreign crypto platforms.
As per CryptoSlate’s investigation, however, it was still possible to access the websites of Binance, OKX, and KuCoin via Google Chrome without using a virtual private network (VPN), as of the time of publication. The Binance website could also be accessed via Safari and Mozilla Firefox browsers without any VPN, although OKX and Kucoin websites were inaccessible.
The Ministry of Electronics and Information Technology asked Apple to restrict Indians from accessing foreign exchange applications on Jan. 10. As of the time of writing, both the iOS and Android app stores have restricted access to foreign crypto exchange applications to Indians.
The move comes after the Finance Ministry’s Financial Intelligence Unit (FIU) warned that some international exchanges may have been for money

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We współpracy z: https://cryptoslate.com/indians-are-turning-to-local-exchanges-amid-clampdown-on-foreign-platforms/

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