Apple Pulls Binance, Other Crypto Apps From India Store (techcrunch.com) 8
Apple has pulled apps of at least nine crypto exchanges including Binance and Kraken from its App Store in India, less than two weeks after most of these global firms were flagged for operating "illegally" in the country. From a report: Financial Intelligence Unit, an Indian government agency that scrutinizes financial transactions, late last month issued show cause notices to nine crypto firms and alleged that they weren't compliant with India's anti-money laundering rules. FIU had asked India's IT Ministry to block websites of all the nine services in India. Other exchanges whose apps have been pulled are Huobi, Gate.io, Bittrex, and Bitfinex. Bitstamp, another offending exchange named by FIU, was still operational on App Store in India, though the eponymous app of OKX had also disappeared.
bitcoin is on the dump get out now (Score:2)
bitcoin is on the dump get out now
Re:bitcoin is on the dump get out now (Score:5, Insightful)
i have a problem with a hardware and OS seller determining what apps should not exist. it could soon be a civil rights, moral or life and death issue. they should not have this power.
Reading comprehension isn't your strong suit, is it? Apple pulled the software because the Indian government said the cryptos weren't following the rules. From the blurb up top:
Financial Intelligence Unit, an Indian government agency that scrutinizes financial transactions, late last month issued show cause notices to nine crypto firms and alleged that they weren't compliant with India's anti-money laundering rules. FIU had asked India's IT Ministry to block websites of all the nine services in India.
Tell us again how Apple is the one making a determination what software should exist. It's no different than Twitter banning opposition candidates in Turkey [imgur.com] from using the site.
Re: bitcoin is on the dump get out now (Score:2)
Re: (Score:2)
I'm sure that the Slashdot crypto experts will explain to us how this is good for Bitcoin... somehow.
Re: (Score:2)
Simple, less Jeets means number goes up.