#cryptocrackdown
cryptocrackdown
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The Indian enforcement agency raided several companies in Bangalore, targeting over $260 million in crypto transfers.
Talking about anti-money laundering is basically a prelude to tighter regulations. After every such raid, local OTCs usually panic, and exchanges have to follow suit, so a wave of fear-driven withdrawals is likely on the way. #India #CryptoCrackdown $BTC
Talking about anti-money laundering is basically a prelude to tighter regulations. After every such raid, local OTCs usually panic, and exchanges have to follow suit, so a wave of fear-driven withdrawals is likely on the way. #India #CryptoCrackdown $BTC
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