Bithumb to Launch Regulated Bitcoin Exchange in India: Report - Koinalert
This seem to good news that we might have a regulated exchange in the country but it looks difficult and unbelievable.
In India cryptocurrency is neither legal or illegal and this case is under the hearing of RBI and court so as of now saying that can exchange with regulated cryptos will come then it seems a bit difficult.
many of the exchange has already stop their operation in India because of regulation issues and few of them like Wazir X and bit BNS are operating through peer to peer model. let's wait and see how this new exchange is going to set up their operation in India with regulation.
Thank you.
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