30th June was supposed to be another big day for Indian Crypto space. The FATF guideline’s verdict was onboard, but there seems to be a complete silence in-stream and nobody is talking about it. Read at COINPEDIA News to know more.
India has been very uncertain with its approach towards cryptocurrencies. Just about a week ago we've been discussing on this forum that India is considering banning cryptocurrencies, and now if I understand correctly the rumor is the opposite. Judging from other posts in this thread, I am not the only one who noticed these regular changes of heart (or someone systematically making it look like there is a debate on the topic). I don't know where and when they'll finally settle, but I hope they'll settle on regulations which are favorable to crypto users.