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Which offshore cryptocurrency exchange will be the first to resume operations in India by December 31, 2024?
5
Resolution / Starting Odds
Binance • 25%
Coinbase • 25%
Kraken • 25%
Huobi • 25%
Official announcements or regulatory filings by the FIU and the respective exchanges
Story
Orissa High Court Rules #Crypto Dealings Legal Under OPID Act
Jun 14, 2024, 11:25 AM
The Orissa High Court in India has declared that #crypto dealings are not illegal under the current Indian laws. The court ruled that cryptocurrencies do not fall under the definitions of money or deposits in the relevant acts, specifically the OPID Act. This landmark ruling clarifies the legal status of cryptocurrency transactions in India. Following this decision, the Financial Intelligence Unit (FIU) has received new petitions from offshore cryptocurrency exchanges seeking to resume operations in the country.
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New regulations introduced • 50%
No new regulations • 50%
Binance leads • 25%
KuCoin leads • 25%
Other exchanges lead • 25%
No clear leader • 25%
Coinbase • 25%
Kraken • 25%
Gemini • 25%
Other • 25%
Binance preferred more • 33%
KuCoin preferred more • 33%
Equal preference • 34%
Bitcoin • 25%
Ethereum • 25%
Floki • 25%
Other • 25%
Robinhood • 25%
Kraken • 25%
Coinbase • 25%
Uniswap • 25%
Binance • 25%
Coinbase • 25%
Kraken • 25%
Huobi • 25%
Coinbase • 25%
Binance • 25%
Ripple • 25%
Other • 25%