What do the mean by probe in past transactions? Does it means we will have to provide them all details of our trades and bounty rewards too?
The government asked companies to provide their cryptocurrency investments details but i have not heard the government asking individuals to provide their asset details.
The central government is inefficient in even providing oxygen as everyone here is aware of and the level of bad governance is highlighted during these hard times and i do not think they will do anything meaningful and make things better for the cryptocurrency investors by forcing us to stop using them according to our choice and they will shove their centralized shit.
Yes they are incompetent but still some idiots vote for them. If they don't get clear majority, they buy the legislators.
Mark my word, after west Bengal results, BJP will go for big horse trading. Anyway that's entirely a different topic.
As far as crypto is concerned, even dictatorial regimes like China is not coming heavily on crytpo investors.