Quote from: pawanjain on January 22, 2021, 03:23:30 PM

Quote from: aysg76 on January 22, 2021, 08:10:12 AM

As far for now ,just hope at upcoming budget i.e. coming on 1 feb
there must be some regulations regarding crypto ,so the danger of it getting banned again is gone.

Even I am eagerly waiting for what the upcoming Union budget has to declare for crypto. If crypto gets regulated I will be personally happy about it since it will be legalized completely in India.
We will be able to trade without any fear. We might also be able to see mixed sentiments in the Indian crypto community since many people who trade crypto are unwilling to pay taxes for it.
Hence it might lead to some political debates as well.

There is going to be no political debates on this unless the opposition makes any adverse comment on the policy. Gone are the days when Indian news channels used to debate on relevant and intelligent topics. These days you can't find a debate on such topics. In fact, there is no debate until the topic of the debate doesn't contain Congress/ Pakistan/ China or Bengal these days. I wouldn't be amazed if you barely see any news about this in the mainstream media except just a single line coverage.

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Quote from: amishmanish on January 22, 2021, 05:51:16 AM

Seriously though, this space is so new that people will throw money at you for working openly in it.

True ! May be even they know that people will definitely throw their money in it and that's why they planned on to create such a crypto bank.
Although crypto banks is inevitable I think we all should probably wait until this one is well established given the allegations which were put upon them related to cashaa hack.
One who suffered the losses in the hack would definitely think thrice before trusting them again.

I don't really agree with you. Crypto bank is pointless. It's just giving way too much power in hands of a centralized Institution. These banks aren't going to give you the private keys so technically they would act just as any wallets. But killing the very essence of bitcoin, isn't it?