- *New KYC Guidelines*: Binance has introduced new Know Your Customer (KYC) guidelines to improve account security and comply with global standards.
- *PAN Verification*: Indian users will be required to provide their Permanent Account Number (PAN) details for re-verification.
- *Compliance Efforts*: This move is part of Binance's efforts to abide by India's anti-money laundering (AML) laws and regulations.
- *Regulatory Milestone*: Binance has successfully registered as a reporting entity with India's Financial Intelligence Unit (FIU), marking its 19th regulatory achievement globally.
Additionally, Binance has also made some adjustments to its trading platform, including:
- *VOXELUSDT Funding Rate Settlement*: Binance has adjusted the funding rate settlement frequency for VOXELUSDT contracts from two hours to one hour.
#FederalReserveIndependence #BNBChainMeme #Binance #update #2025
#today