Binance, the world's largest crypto exchange, has been fined approximately $2.2 million (18.82 crore INR) by India's Financial Intelligence Unit (FIU) for non-compliance with the country's anti-money laundering (AML) regulations, the authority announced. This is the next billion-dollar payment for Binance after the $4.2 billion settlement with US authorities in the US. Binance is also under massive pressure in Nigeria.