next they try to collect information of people who buy/sell crypto from exchanges/p2p.
They already have accomplished that with KYC on all centralized exchanges based locally and internationally.
and go after the big ones first and arrest a few..
and charge them with money laundering or drugs or terrorism etc.
This is on the horizon! Most probably we will hear such news after July of this year.
What do you think will be the next move? Will it be a new tax law to suck the blood out of us or will be it against the local exchanges & international exchanges. If you have anything on your mind then go on and reply.
This year and the next we won't see anything happening. By end of this year, G20 might release a paper on how to tackle and control the crypto space. Since we are in India we can expect some of those recommendations to be added to the existing law by 2025 or later.