India’s crypto industry has survived bans, tax shocks, exchange collapses, and regulatory uncertainty.
In this exclusive conversation, Vikram Subburaj, Founder & CEO of Giottus, breaks down:
- How 50+ Indian crypto exchanges disappeared
- The real impact of 30% tax & 1% TDS
- Why liquidity dropped after taxation
- How offshore exchanges like Binance and Bybit gained from India’s policies
- Whether crypto withdrawals should be allowed
- The aftermath of the WazirX hack
- Why Giottus stayed fully bootstrapped
- What India needs: regulation or clarity?
We also discuss RBI restrictions, Supreme Court verdicts, FIU compliance, and the future of crypto regulation in India.