Quote from: jjdub7 on Today at 01:47:34 AM

Quote from: Vishnu.Reang on February 01, 2021, 06:02:10 AM

Find a friend that you trust outside India, best with an LLC, and sign a contract with them to 'manage their crypto actives' with a salary of 1000 rupees per month.

This is valid for every destination where crypto is forbidden or heavily taxed. There are other options, but this is the easiest one.

If the Indian government is stupid enough to make the proposed bill in to a law, then there is no doubt that we will see a lot of companies offering such services to the Indians. They will trade with cryptocurrency in countries where it is legal (i.e all the other countries apart from India) and then they will send the fiat funds to the Indian user, marking it as "software purchase" or something similar. Cryptocurrency wallets can't be tied to a particular individual, and therefore the government won't be able to do anything in this case. But don't be disappointed. They will come up with even more idiotic laws.