Crypto India
17.4K posts

Crypto India
@CryptooIndia
https://t.co/DZOA84IAc7
Bharat Katılım Aralık 2017
748 Takip Edilen425.9K Takipçiler

🇮🇳 RBI now wants banks to report all offshore INR derivative trades globally (Singapore, London, Dubai, etc.) crypto investors should watch closely.
This is not just about forex, it’s about control and visibility.
During the March 2026 rupee crash, offshore NDF markets allowed traders to bet against INR outside RBI oversight.
Crypto stablecoins do the same thing.
Buying USDT with INR via P2P/UPI is basically a quiet INR-to-USD conversion outside the formal banking system.
That’s the “blind spot” RBI wants to eliminate.
With CARF reporting coming in 2027, India is clearly building the infrastructure to track crypto flows the same way it tracks forex.

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Top countries (governments) with Bitcoin holdings:
1. 🇺🇸 US: 328,372 BTC
2. 🇨🇳 China: 190,000 BTC
3. 🇬🇧 UK: 61,254 BTC
4. 🇺🇦 Ukraine: 46,351 BTC
5. 🇸🇻 El Salvador: 7,639 BTC
6. 🇦🇪 UAE: 6,420 BTC
7. 🇧🇹 Bhutan: 4,973 BTC
8. 🇰🇿 Kazakhstan: 3,544 BTC
9. 🇰🇵 North Korea: 803 BTC
10. 🇻🇪 Venezuela: 240 BTC
Data: BitcoinTreasuries
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