India is a leading country on crypto adoption, with digital asset revenues expected to surpass $6 billion in 2024. Digital assets platform BitGo is in discussions with India’s crypto watchdog to enter its multibillion-dollar local market. The company has been holding “active conversations” with India’s Financial Intelligence Unit (FIU), BitGo chief operating officer Chen Fang…
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The crypto exchange blamed regulatory pressures and “compliance requests” from local financial regulators as the reason it terminated its services. Crypto exchange Gate.io has begun shuttering services for Japanese customers, citing “compliance requests” from the country’s financial regulator. Gate.io announced the termination of services for all Japanese customers in a July 22 announcement, adding that it…
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