India seeks to block the URLs of nine offshore crypto exchanges, including Binance, Kraken, KuCoin, and Huobi, for not complying with anti-money laundering laws
The Indian Express
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Discussion
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@amitoj
Amitoj Singh
on x
For those calling this a shadow ban, it is not. After more than 30 Indian exchanges came under the FIU, the obvious question they asked was ‘what about the foreign exchanges?’ It's been well known that after India's harsh taxes on crypto, Indian traders fled to offshore...
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@pankaj
Pankaj Gupta
on x
This is not a ban against crypto, but blocking of URLs of offshore exchanges not in compliance.
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@robustus
Dan McArdle
on x
A reminder that DNS is a centralized system run by governments, and the world needs a name resolution system, ubiquitously supported clientside, that runs on a sufficiently decentralized blockchain.