Binance, one of the largest crypto exchanges, believes that India will lead global crypto regulation by 2025. The company's Head of Regional Markets, Vishal Sacheendran, cited the importance of clear regulatory frameworks in fostering growth and trust in the sector. The push for stronger regulations comes after significant strides in crypto adoption and institutional engagement in 2024, including the approval of spot bitcoin and ether exchange-traded funds (ETFs) in the U.S. Sacheendran highlighted Binance's proactive approach in aligning with India's evolving regulations and emphasized the company's focus on strengthening trust within the crypto ecosystem. India's approach to crypto regulation has softened over time, with moves towards global cooperation and shared oversight of crypto assets.
- Content Editor ( news.bitcoin.com )
- 2024-12-27
Can India Lead Crypto Regulation in 2025? Binance Thinks So