Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: sirty143 on December 30, 2023, 09:22:32 AM

Title: India Cracks Down on Offshore Crypto Exchanges — Blocks Binance, 8 Other Platfor
Post by: sirty143 on December 30, 2023, 09:22:32 AM
India Cracks Down on Offshore Crypto Exchanges — Blocks Binance, 8 Other Platforms

(https://i.imgur.com/cBwYMDGm.jpg)

The Indian government has directed the Ministry of Electronics and Information Technology to bar access to offshore cryptocurrency exchanges deemed illegal within the country. The nine affected crypto platforms include Binance, Kucoin, Huobi, Kraken, and Bitfinex... See more for yourself here (https://news.bitcoin.com/india-cracks-down-on-offshore-crypto-exchanges-blocks-binance-8-other-platforms/).

Your opinion is greatly appreciated.


Title: Re: India Cracks Down on Offshore Crypto Exchanges — Blocks Binance, 8 Other Platfor
Post by: Tribalchief on December 30, 2023, 09:33:38 AM
India Cracks Down on Offshore Crypto Exchanges — Blocks Binance, 8 Other Platforms

(https://i.imgur.com/cBwYMDGm.jpg)

The Indian government has directed the Ministry of Electronics and Information Technology to bar access to offshore cryptocurrency exchanges deemed illegal within the country. The nine affected crypto platforms include Binance, Kucoin, Huobi, Kraken, and Bitfinex... See more for yourself here (https://news.bitcoin.com/india-cracks-down-on-offshore-crypto-exchanges-blocks-binance-8-other-platforms/).

Your opinion is greatly appreciated.
Seeing popular exchange and crypto platforms on the list wasn't impressive at all. We all know that India citizens are very involved in the Crypto space, so this isn't a good news at all. If Binance isn't registered with their regulatory body, then it is important that the public know the terms and conditions put in place for these exchanges.