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Today's Brief/Wednesday, 24 June 2026/๐Ÿš€ Business & Startups
๐Ÿš€ Business & Startups๐Ÿ‡ฎ๐Ÿ‡ณ India

Binance Forces Indian Crypto Users to Share Detailed Sender and Receiver Info for P2P Trades

Inc42 MediaยทWednesday, 24 June 2026
Binance Forces Indian Crypto Users to Share Detailed Sender and Receiver Info for P2P Trades

Cryptocurrency exchange Binance has rolled out new compliance procedures for users in India. These rules now require users to submit detailed sender and beneficiary information for peer-to-peer (P2P) crypto transactions. This tightening applies specifically to Indian users.

Why It Matters

If you trade crypto in India, especially peer-to-peer, you will now have to share more personal information โ€” this directly changes how you use the platform.

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