Cyril Amarchand Mangaldas advises Binance Holdings Limited on Regulatory Compliance, Market Reintegration and Strategic Operations in India
Cyril Amarchand Mangaldas (CAM) advises Binance Holdings Limited, the largest global crypto assets exchange
financial intelligence unit
PayPal is a ‘payment system operator’ under PMLA; Delhi High Court quashes monetary penalty imposed by Financial Intelligence Unit, India
All the elements of the transaction comprised or connected with a payment being effected between two parties would appear to fall within the scope of the expression ‘payment system’ as defined under Section 2(1)(rb) of the PMLA.