Post
Topic
Board India
Re: Did you guys hear about the Indian Crypto Bank
by
pawanjain
on 22/01/2021, 15:23:30 UTC
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.

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 alligations 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.