Indian officials are planning meetings with leading cryptocurrency exchanges like Binance, WazirX, and ZebPay to develop new rules for the country’s growing crypto market, which has as many as 200 million users. These discussions are happening because a high 30% tax on crypto in India didn’t stop trading – it just moved it to other countries. The outcome of these talks is important, as they will determine how crypto is regulated, taxed, and secured for millions of people. However, the recent $230 million hack of WazirX and the losses suffered by investors have led to questions about whether exchanges with a history of problems should be involved in creating these new rules.
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2026-05-20 11:05