Rodriguez
80 posts


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@smtgpt @neerajKh_ @CoinDCX Madarchod fraud teri gaand me cancer hoga bahut jald aur sari scam teri gaand ke raste bahar ayega madarchod
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We recently celebrated 8 years of CoinDCX, and our team put this short video together. 👇
It made me reflect on our journey. When @neerajKh_ and I started @CoinDCX, crypto in India was misunderstood, ignored, and just dismissed completely.
But we set out to build the rails: strong infrastructure and products, regulatory discipline, and honest education for the masses.
Along the way, markets surged and corrected. Narratives shifted. But we kept building and growing.
To every user who trusted us with your crypto journey: Thank you.
To every team member who showed up and moved the needle in the right direction: Thank you as well. This milestone is yours.
Here's to building stronger, safer, and making bigger waves for India's crypto story. 🙏
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9/ Looking Ahead
As markets adjust to evolving macro conditions, our focus stays the same: operational stability, disciplined growth, and transparency as a continuous commitment. 🙏
Read the full report here 👇
coindcx.com/blog/announcem…
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1/CoinDCX Monthly Transparency Report: March 2026 🧵👇
As we have done since November 2024, I'm happy to share @CoinDCX's latest transparency report.
This month's highlights include:
>Proof of Reserves (PoR)
>Crypto Investor Protection Fund (CIPF)
>Compliance & TDS Deposited
>Monthly Spot Trading Volume
>Top Traded Tokens & more

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RBI recently released a discussion paper called "Exploring Safeguards in Digital Payments to Curb Frauds."
I spent some time reading it over the weekend and had some thoughts.
The timing is significant. @CoinDCX recently launched the Digital Suraksha Network (DSN) a few weeks ago with a ₹100 crore commitment to fight digital fraud. So, we have been brainstorming internally on many of these topics and working on solutions too. Here are my thoughts on the 4 key proposals:
1. One-hour lag on person-to-person app transfers above ₹10,000: The intent is right. To break the fraudster's psychological grip on the victim. But ₹10,000 is a low bar in a country that heavily relies on UPI for everyday transactions. A higher threshold of at least ₹25,000 may be better, given that higher-value transactions carry greater financial risk. The design matters too: this delay could apply only to first-time transactions of any amount with a new recipient. Once a payee is trusted and whitelisted, repeat transfers should remain instant. That combination with first-transaction friction and whitelisting for known contacts can target fraud at the point of maximum risk without disrupting our everyday digital life.
2. Trusted person approval for senior citizens and persons with disabilities (PwD) on transactions above ₹50,000: A thoughtful safeguard for those most vulnerable to impersonation scams. The key will be implementation: making it seamless, not bureaucratic.
3. ₹25 lakh annual credit ceiling with "shadow credits" for excess: The idea targets mule accounts, but the real solution is smarter onboarding and pattern detection, not blanket credit caps. Under DSN, we are working on an open fraud intelligence API to flag suspicious patterns across institutions without freezing legitimate funds.
4. Customer-controlled kill switch for all digital payments: In my view, this is the strongest and most high impact proposal. Give every Indian the power to turn off digital payments from their account in one tap. Simple and empowering. The question of whether new accounts should be "default off" is also worth serious debate.
For example, India already has a version of this. UIDAI's Biometric Lock feature on the mAadhaar app lets you keep your Aadhaar biometric authentication switched off by default. We can unlock it temporarily for just 10 minutes when we need it.
RBI has the right intent. We are on the same side of this fight. Our work on DSN: a WhatsApp helpline, a fraud intelligence API, law enforcement training are all designed to complement exactly this kind of regulatory thinking. Look forward to sharing more about what we are building soon.
India doesn't need to choose between speed and safety. India needs systems that deliver both. 🇮🇳🫡


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