India cracks down on 25 crypto exchanges including BingX, LBank, CoinW over compliance failures

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India cracks down on 25 crypto exchanges including BingX, LBank, CoinW over compliance failures

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Of the 25 offshore crypto exchanges targeted by India, 14 hold more than $9 billion in assets.

Source: https://techcrunch.com/2025/10/02/india ... -failures/
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