Binance and OKX Blocked in India Google Play Store
Google’s Play Store in India has taken off the Binance and OKX crypto exchange apps following a compliance notice from the government.
This follows a similar decision by Apple’s App Store in December 2023.
The Indian Ministry of Finance’s Financial Intelligence Unit issued a notice on December 28, 2023 to nine exchanges, including Binance and OKX, stating that they were operating illegally in the country.
The notice required exchanges to register as a “reporting entity” and submit statements to the income tax department if they wish to continue providing services to Indian users.
The FIU also proposed for the Ministry of Electronics and Information Technology to block the websites of these exchanges for non-compliance.
While Google’s Play Store has removed the Binance and OKX apps, the Binance website and application are still accessible for existing users.
