1. 2013: RBI issues an advisory against cryptocurrency
2. 2017: The finance ministry said that #crypto is a Ponzi.
3. 2018: RBI issues a circular banning crypto
4. 2020: The Supreme Court overturns the RBI's crypto ban.
5. 2021: The government reiterated its plan for banning and prohibiting cryptocurrencies.
6. 2022: The Finance Minister announced a 30% tax and 1% TDS on crypto assets.
7. 2023: The Finance Minister calls for global crypto regulation.
8. 2024: The Indian government banned foreign exchange URLs and removed them from the App Store.
9. 2024: #Binance and #KuCoin became FIU-compliant.
If you compare this with US crypto developments, India is still where the US was in 2013.
India needs to act quickly; otherwise, they'll be left behind.