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Binance and other crypto exchanges may get banned in India
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[QUOTE="Etini, post: 333568, member: 90141"] The ultimate aim of the this move as I see it is just to help the Indian owned crypto exchanges thrive because they can't survive the competition of the global crypto exchanges like Binance and Kucoin. This has happened in many countries including US and those exchanges were warned with hefty fines and possible outings of top managers but banning the majority of foreign owned crypto exchanges is really suspicious. I just hope that the Indian government would have a rethink and enforce tighter enforcement to their local laws than outrightly banning these crypto exchanges because it cuts off Indians from participating in the global crypto trading market. [/QUOTE]
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