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IMP UPDATE : FOREIGN EXCHANGES WILL VISIT INDIA TO GET THE LICENSECoinDCX � one of the largest Indian crypto exchanges by trading volume � announced that it had set aside $1 million to help users transfer their. India clamped down on overseas crypto exchanges like Binance that it says are operating illegally there, moving to block local access to. Last week, India's financial intelligence unit issued notices to nine offshore crypto exchanges, including Binance, for failing to comply with.