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Apple Removes Binance and Kraken Cryptocurrency Apps from Indian App Store đšđšđšđšđšđšđšâŒïžâŒïžâŒïžâŒïžâŒïžâŒïžâŒïžâŒïžâŒïžâŒïžâŒïžâŒïžâŒïžâŒïžâŒïžâŒïž
Several cryptocurrency exchange apps, including Binance and Kraken, have vanished from the Apple App Store in India. This move comes in response to regulatory concerns raised by the Financial Intelligence Unit (FIU), which accused these global firms of operating "illegally" in the country. The FIU issued show cause notices to nine crypto firms, alleging non-compliance with India's anti-money laundering rules. The affected exchanges also include Mexc, Kucoin, Huobi, Gate.io, Bittrex, and Bitfinex.
Many Indian traders have shifted to global cryptocurrency platforms, possibly to evade taxes, as India started taxing virtual currencies last year. This move included a 30% tax on gains and a 1% deduction on each crypto transaction. While India-based exchanges like CoinSwitch Kuber and CoinDCX remain compliant with Indiaâs PMLA requirements, global platforms face challenges in adapting to the country's regulatory landscape. The historical tough stance of India towards cryptocurrencies, including a past ban by the Reserve Bank, continues to shape the regulatory environment.
#etf #IndiaCryptoBan #indiangoverment #Apple.App.Store #applestore $BTC $BNB $XRP
Several cryptocurrency exchange apps, including Binance and Kraken, have vanished from the Apple App Store in India. This move comes in response to regulatory concerns raised by the Financial Intelligence Unit (FIU), which accused these global firms of operating "illegally" in the country. The FIU issued show cause notices to nine crypto firms, alleging non-compliance with India's anti-money laundering rules. The affected exchanges also include Mexc, Kucoin, Huobi, Gate.io, Bittrex, and Bitfinex.
Many Indian traders have shifted to global cryptocurrency platforms, possibly to evade taxes, as India started taxing virtual currencies last year. This move included a 30% tax on gains and a 1% deduction on each crypto transaction. While India-based exchanges like CoinSwitch Kuber and CoinDCX remain compliant with Indiaâs PMLA requirements, global platforms face challenges in adapting to the country's regulatory landscape. The historical tough stance of India towards cryptocurrencies, including a past ban by the Reserve Bank, continues to shape the regulatory environment.
#etf #IndiaCryptoBan #indiangoverment #Apple.App.Store #applestore $BTC $BNB $XRP
#Apple.App.Store Lists a Fraudulent Version of the #Rabby.Wallet Cryptocurrency Wallet.
_Apple has listed a fraudulent version of Rabby Wallet, a product only available on desktop devices. A malicious version of the cryptocurrency wallet Rabby Wallet has been spotted on Apple's App Store, with scammers desperately trying to lure victims by pretending to be legitimate product providers. According to a post by #X from the #Rabby.Wallet account. The fake mobile phone app âappeared again.â The team confirmed that there is no official mobile app âat the moment.â As of press time. Rabby Wallet is only available as a Google Chrome browser extension and standalone desktop app, according to the project's website.
Fake Rabby Wallet infiltrates Apple's App Store and the description of the fake app attributes its development to âDinh Thi Phuonh Dung.â It is an entity for which no previous applications have been published on the App Store. Adding to the suspicions is that the developerâs privacy policy directs users to âfreeprivacypolicy[dot]com.â Which raises questions about how the app was able to circumvent Apple's oversight. At the time of writing this report. Searching for âRabby Walletâ will place the fake app in the top slot. Which raises concerns about the effectiveness of Apple's auditing process. Rabby Wallet is developed by DeBank. It is a multi-chain wallet that supports more than 120 chains, including Arbitrum, Base, and others.
#follow To see more breaking news đđŻâ đ€
_Apple has listed a fraudulent version of Rabby Wallet, a product only available on desktop devices. A malicious version of the cryptocurrency wallet Rabby Wallet has been spotted on Apple's App Store, with scammers desperately trying to lure victims by pretending to be legitimate product providers. According to a post by #X from the #Rabby.Wallet account. The fake mobile phone app âappeared again.â The team confirmed that there is no official mobile app âat the moment.â As of press time. Rabby Wallet is only available as a Google Chrome browser extension and standalone desktop app, according to the project's website.
Fake Rabby Wallet infiltrates Apple's App Store and the description of the fake app attributes its development to âDinh Thi Phuonh Dung.â It is an entity for which no previous applications have been published on the App Store. Adding to the suspicions is that the developerâs privacy policy directs users to âfreeprivacypolicy[dot]com.â Which raises questions about how the app was able to circumvent Apple's oversight. At the time of writing this report. Searching for âRabby Walletâ will place the fake app in the top slot. Which raises concerns about the effectiveness of Apple's auditing process. Rabby Wallet is developed by DeBank. It is a multi-chain wallet that supports more than 120 chains, including Arbitrum, Base, and others.
#follow To see more breaking news đđŻâ đ€
