GCR

The regulators have been looking into the cryptocurrency ecosystem ever since April 2017 when it set up a panel comprising officials from the finance ministry, the RBI, and India’s market regulator, the Securities and Exchanges Board of India. But earlier this year, India’s cryptocurrency ecosystem was pushed into a corner. The RBI cracked the whip on the exchanges, asking banks to wind up all business relationship with them and investors. www.comedianjoshwolf.com Since then, several exchanges have challenged the RBI in the supreme court.

Important Regulators to Know

List of crypto-related companies and exchanges

comment: India has been one of the late Crypto entrance players in Asia, it is still uncertain how regulators will ultimately rule cryptocurrencies

To learn more about the rest of Asia, start off with our GCR Asia Assessment grid: