Binance aims to return to India, but faces PMLA hurdles. Despite willingness to settle taxes, compliance delays persist. Indian authorities reject Binance's request to resume operations. Recent actions include blocking offshore platforms and cracking down on VPN usage by traders."

"Following the approval of the first Bitcoin ETF on January 10, major U.S.-based cryptocurrency exchanges like Coinbase, Kraken, and Bitstamp have experienced a significant narrowing of bid-ask spreads. This narrowing indicates improved market liquidity, fostering more efficient pricing and facilitating larger trades with reduced transaction costs. The ETF's approval holds implications for Bitcoin's market dynamics, with heightened volatility observed as markets adjust to new liquidity and investor interest. Despite fluctuations, Bitcoin has shown resilience, with support levels holding around $40,000 and resistance hovering near $43,000 to $45,000. Overall, the ETF's introduction signals a step towards broader acceptance of Bitcoin as a mainstream investment, promising more stable trading conditions and increased market participation."