India's Crypto Ban
Sumit Gupta of CoinDCX says "This news of regulation comes as welcome news. However, what remains to be seen is that nobody has yet seen the bill or its contents."
According to him "crypto industry has grown by leaps and bounds. Crypto leaders have advocated for positive crypto regulations and this bill is the first step towards that journey."
As per CoinDCX " Crypto prices are not based upon geographies but market demands as they are decentralised and distributed. This news affected Indian market but Global markets remain unaffected. "
Along with WazirX, CoinDCX also wants the investors to not panic , do some research and then make a decision, in times of higher volatility like these.
Founder of CoinDCX , Sumit Gupta remains confident that smart and sensible regulations will pave the way for greater adoption of the industry
WazirX and India's Crypto Ban