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Watch | Is Crypto Trading in India Headed for a Ban?

Nischal Shetty of India’s largest cryptocurrency exchange speaks on why he felt a ban on trading was unlikely and what kind of regulation would help the crypto industry.

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November saw huge uncertainty in India’s crypto trading world on news the government of India could propose a ban on cryptocurrency trading. Following a bloodbath in prices, there was a walk back by the Modi government as it said in parliament that it was studying the issue and working on a revised framework in a fresh bill.

Mitali Mukherjee spoke with Nischal Shetty, CEO and founder of WazirX, India’s largest cryptocurrency exchange on why he felt a ban on trading was unlikely and what kind of regulation would help the crypto industry.