Skip to content
  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About
  • MachinaAI

    Login
    • Home
    • News
    • Dashboard
      My Dashboard Equity Dashboard Analyst Dashboard Large Companies Portfolio
    • Smart Reports

Simplify financial decision-making

Machinary offers a modular and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

 

Register now and get free Credits

Sign up

Know the Market. Stay Ahead.

Market Insights & Analytics.

Gain access to a comprehensive retail platform with real-time updates on the stock market and critical financial metrics. Leverage advanced tools for better decision-making:

  • Overview of stock market data:Stay updated with the latest market trends and performance.
  • Monitor AI-based predictions:Access detailed company analytics.
  • Sentiment Analysis:Understand market emotions with AI-driven sentiment insights.
  • Relevance Score:Prioritize information that matters most.
  • Chatbot Integration:Get instant answers and insights through smart AI.
  • Customizable Widgets:Add or remove widgets to tailor your dashboard.
Sign up for early access

Stay Informed. Act Strategically.

Real-Time News Portal.

Unlock actionable insights with categorized, real-time news updates tailored to your needs. Stay ahead in the market with a reliable flow of information:

  • People:Explore updates about key influencers and market leaders.
  • Public Companies:Stay informed on listed corporations and their market activities.
  • Non-Public Companies:Gain insights into the operations of private enterprises.
  • Countries:Understand regional economic shifts and geopolitical trends.
  • Commodities:Monitor pricing and trends for critical commodities like oil, gold, and more.
  • Currencies:Keep track of currency fluctuations and forex market developments.
Sign up for early access

Modular Power. Limitless Potential.

Machinary empowered by MachinaCore

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Reaching new heights together.

Stay tuned for what’s coming next.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Sign up for early access

Explore tailored enterprise solutions - that make an impact.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Get in touch

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

  • Home
  • News
  • Dashboard
  • About us
  • Contact

Address

  • MachinaLabs AG
  • Viaduktstrasse 42
  • 4051 Basel
  • Switzerland

  • info@machinalabs.net
  • machinalabs.net

Newsletter

Subscription successful!

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Predefined Themes

Layout settings

Choose the font family that fits your app.

Choose the gray shade for your app.

Choose the border radius factor for your app.

Save settings

Welcome to Machina, a platform to connect with the social world

Forgot Password?

Don't have an account?Sign Up

Welcome to Machina, a platform to connect with the social world

Already have an account?Login

  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About

Google Removes Offshore Crypto Exchanges from India’s Play Store

  1. Home
  2. Bobs-News World Asia
  3. Google Removes Offshore Crypto Exchanges from India’s Play Store
  • bob
  • 2024-01-14
  • Asia
  • Company News
  • Cryptocurrency Regulations
  • Regulatory Developments

Google has taken down several offshore cryptocurrency exchanges from its Play Store in India, including Binance, KuCoin, Bitget, Huobi, OKX, Gate.io, and MEXC. This action comes after the same applications were delisted from India’s Apple App Store. The Indian government’s noncompliance notice prompted this removal, rendering these apps inaccessible to new users in the country.

The Financial Intelligence Unit (FIU) of the Indian Ministry of Finance issued a notice on December 28, 2023, to Binance, Huobi, Kraken, Gate.io, KuCoin, Bitstamp, MEXC Global, Bittrex, and Bitfinex. The notice accused these exchanges of operating illegally in India. According to the FIU, any exchange offering services to Indian users must register as a “reporting entity” and submit statements to the income tax department. The FIU suggested that the Ministry of Electronics and Information Technology block the websites of these exchanges due to their non-compliance.

Despite Google’s Play Store blocking these FIU-notified crypto exchanges, they remain accessible and functional for existing users who have the app installed and on the web. Binance’s Asia-focused X handle posted on the X platform, acknowledging the app blockage in India. They assured the safety of Indian users’ accounts and funds following Apple’s delisting.

India’s recent introduction of a 30% crypto tax and a 1% tax deduction on each crypto trade led to a decline in crypto exchange volumes. This prompted Indian users to turn to foreign exchanges to avoid the high tax rates. The latest move aims to limit the use of foreign exchanges. India’s Finance Bill, presented in the budget session of Parliament in January 2022–2023, altered tax regulations and introduced a 30% tax on cryptocurrency holdings and transfers. Furthermore, traders cannot offset losses against profits, and each trading pair is treated separately for tax calculations.

Attempts to reach Binance and KuCoin for comments have so far been unsuccessful.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Asia
Countries 🇮🇳
Sentiment negative
Relevance Score 1
People Daniele Servadei
Companies Indian Ministry of Finance’s Financial Intelligence Unit, KuCoin, Kraken, Bitget, OKX, Bitfinex, Cointelegraph, Bittrex, MEXC Global, Binance, Google, Ministry of Electronics and Information Technology, Bitstamp, Apple, Huobi, Gate.io, MEXC
Currencies None
Securities None

Leave a Reply Cancel reply

You must be logged in to post a comment.



 MachinaTrader

A new era of trading and data analytics

Everything in one place. Highly reliable, ultra-scalable and blazingly fast!

Related Links

News Blog
Forums
FAQ
About
Privacy Policy (DSGVO/GDPR)

Our Partners
sygnal logo 40
bullishtimes logo white
© 2023 MachinaLabs AG. All Rights Reserved.
People Who like this post
  • img
img