How about in your country, is it legal or illegal to use crypto?
How does the government make its move against CEX?
This seems to be happening in several countries. In my country, Binance has long been prohibited from operating because it is not registered with one of the authorized institutions in the country and is subject to state regulations. In this case, Binance cannot operate as a CEX in the country. And maybe this is also what happens in your country.
but apparently, we can still use the Binance application easily here. and you can also open the Binance website as long as you change the DNS or VPN (a bit risky). So it doesn't really matter. Maybe the effect is that Ektika will cash out to a bank account. This may require an official local exchange from this country. Or if not, just use the P2P feature on Binance.
It seems that more and more countries are implementing this. This means that regulations regarding exchanges are getting stricter in various countries and of course they will try to prioritize CEX so they can profit from it all.