Get the latest tech news
Google pulls Binance, other global crypto apps from India store
Google has pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India, the latest blow to India's already dwindling web3 Google has pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India.
India-based crypto exchanges, including a16z-backed CoinSwitch Kuber, B Capital-backed CoinDCX and former Binance partner WazirX, continue to require rigorous know-your-customer verifications before onboarding new users, but the same hasn’t been true of many global platforms. While this ban was eventually struck down by India’s Supreme Court, the central bank has persisted in advocating for outlawing crypto since then and its top officials have likened the virtual digital assets to a Ponzi scheme. Coinbase chief executive Brian Armstrong alleged in 2022 that the firm was facing “informal pressure” from the central bank in India.
Or read this on TechCrunch
