Binance Now Requires All Users in India to Reverify KYC

Binance, one of the world’s largest cryptocurrency exchanges, has announced a policy update requiring all users in India to complete Know Your Customer (KYC) reverification, regardless of when they joined the platform.

This move follows increased regulatory pressure from the Indian government as part of its broader efforts to enforce anti-money laundering (AML) compliance. Binance officials stated that the update aims to enhance account security and ensure regulatory alignment.