🚨 Key takeaways from today’s Indian Parliamentary meeting on VDAs (Virtual Digital Assets) 👀

• Committee raised concerns that “thousands of crores” are moving out of India through crypto investments

• Binance India, WazirX & ZebPay were called to attend the discussion

• Revenue Secretary and senior tax officials were also present

• RBI reportedly continues to oppose crypto regulation strongly

• India is studying how the U.S., EU, China, Japan & Brazil regulate crypto

• No final decision yet — more meetings are expected

• Despite high crypto taxes, most Indian trading volume still flows through foreign exchanges ⚠️

India’s crypto regulation debate is clearly entering a more serious phase 🟠

#India #Crypto #Bitcoin