The Indian Apple app store has blocked Binance, KuCoin, Bitget, Huobi, OKX, Gate, and MEXC crypto exchange apps weeks after the Indian government issued a non-compliance notice against nearly a dozen off-shore crypto exchanges. These exchange applications are no longer accessible to new users..

The Indian finance ministry’s Financial Intelligence Unit (FIU), on Dec. 28, issued a notice to Binance, Huobi, Kraken, Gate.io, KuCoin, Bitstamp, MEXC Global, Bittrex and Bitfenex for illegally operating in India.

The FIU notice said that any exchange offering services to Indian users must register as a ‘reporting entity’ and file statements with the income tax department. The FIU had recommended that the IT Ministry block the mentioned exchanges’ websites for non-compliance.

Although Apple’s app store blocks the FIU-notified crypto exchanges, these are still available on Google’s Play Store.

Indian crypto exchange CoinDCX founder Sumit Gupta took to X to share his thoughts on the recent ban on foreign crypto exchanges and shared a plan for investors looking to transition from non-compliant offshore exchanges to compliant Indian exchanges.

After India imposed a 30% tax on crypto and a 1% tax deduction at source for every crypto trade, the volume on crypto exchanges plunged, and Indian users rushed toward foreign crypto exchanges to avoid the hefty tax regime. Thus, the latest action would now prohibit the use of foreign exchanges.

The recent action from the Indian government comes amid growing demand for regulations. During the recently concluded G-20 summit, the Indian government called for global collaboration on the crypto regulatory front. The Indian crypto community has long been calling for a balanced crypto regulatory framework; despite several re-assurances, the Indian finance ministry has yet to table the crypto bill in the parliament.

 Binance didn't respond to Cointelegraph's request for comments at press time.