Binance eyes India for major growth as regulatory clarity improves

Binance’s APAC head said the company expects a “significant number” of its next-billion users to come from India, citing what it sees as improving regulatory clarity. Speaking to local media, the executive stated that the firm is planning to scale operations and over-haul its India strategy as part of broader regional expansion. While India’s cryptocurrency regulations remain in flux, the firm views the current environment as more stable than before. The announcement may boost sentiment among local crypto users and investors, though compliance and licensing risks remain under watch.