Apple has taken a significant step in its India operations by removing a selection of cryptocurrency apps from its App Store. This move comes in the wake of India’s Financial Intelligence Unit (FIU) declaring that nine crypto exchanges were not in compliance with anti-money laundering laws.
Subsequently, the IT Ministry requested the blocking of these websites in India, a request that Apple has seemingly adhered to by withdrawing the associated apps.
Reported by TechCrunch, the removals impact a total of nine services, including major players in the crypto exchange market such as Binance, Kraken, Huobi, Gate.io, Bittrex, Bitfinex, and OKX.
Interestingly, Bitstamp, another service named by the FIU, was still operational on the App Store at the time of TechCrunch’s report.
It is presumed that Apple’s decision to delist these apps from the Indian App Store is in response to directives from the IT Ministry. Notably, the…
