What could be the future of Indian Crypto Traders and Investors

[blockman]

No worries about our Indian brothers, there are many ways for them to keep on trading and investing within the market. For the accusation that they're engaged in illegal activities, only the investigators that can provide proof with can say that. The Indian government may regulate things related to cryptocurrencies but they shouldn't be confident of it as well because ever since this market has been made, this been a market that's decentralized whether there are local or international exchanges involved, we can always trade with each other and as said by newindia, there goes the DEXES.

[1715602539]

1715602539

[Rengga Jati]

Hi

After Wazirx been scrutinized by ED (Enforcement Directorate ) , another exchange which has been raided by ED is Coinswitch Kuber

WazirX is one of the top exchanges in the country.
Well, it is too difficult to say whether an exchange is away from money laundering or not, because this will depend on the users of the exchange itself. However, it will also depend on what kind of Terms and Conditions WazirX and also other exchanges make.
In my country, in some exchanges, civil servants are not allowed to create an account in certain exchanges to avoid the activity f money laundrying. But if there is no this kind of T&C, will WazirX exactly know that their users are doing this? If they know exactly, it mean that they really break the rules. But vice versa.
So far, crypto users in India is very big, we have seen it in the community, both in this forum, telegram, and also other social media. So, Indian government actually should be wiser in creating the regulation about crypto itself in the country.