Just acquired an e-mail from Binance relating to upcoming regulatory modifications for Indian users.
In line with the notification, starting 22 June 2026, users may have to offer:
Sender info when receiving crypto deposits.
Beneficiary/receiver info when withdrawing crypto.
This seems to be a part of compliance with native laws in India.
What are your ideas on this?
Mandatory step for regulation and mainstream adoption?
Or another transfer decreasing privateness in crypto?
Curious to listen to the group’s opinion. ????????????
#Binance #India #Crypto #Bitcoin #Regulation
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