crypto istock 1114449 1654120733 How Crypto Firms are Gamble Amid Regulatory Uncertainties

How Crypto Firms are Gamble Amid Regulatory Uncertainties

– Crypto exchanges in India are diversifying their product portfolios to minimise risks.
– They are expanding their offerings to include Indian mutual funds and equity products tied to US-listed stocks.
– The move to diversify might be an uphill task due to compliances and licences.
– Crypto exchanges are still waiting for regulatory clarity on crypto assets.
– Some crypto exchanges have decided to venture into markets such as the United States and the United Arab Emirates.
– Chennai-based Giottus Cryptocurrency Exchange is banking on peer-to-peer transactions to drive its business until the UPI issue is sorted out.

 

 

crypto istock 1114449 1654120733 How Crypto Firms are Gamble Amid Regulatory Uncertainties
How Crypto Firms are Gamble Amid Regulatory Uncertainties 3

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