Binance has mandated all Indian users to complete KYC re-verification to comply with India's anti-money laundering (AML) laws. Effective April 20, 2025, users must submit their Permanent Account Number (PAN) and undergo facial verification. This move follows Binance's registration with India's Financial Intelligence Unit (FIU-IND) after a $2.25 million fine in 2024. Non-compliance may lead to restricted trading and withdrawals. The initiative underscores Binance's commitment to regulatory adherence and enhancing user security in one of its key markets.
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