Why is Bitget not banned in India?

Could you elaborate on why Bitget, a cryptocurrency exchange platform, continues to operate in India despite the country's regulatory stance towards cryptocurrencies? Given the Reserve Bank of India's past warnings and restrictions on banks dealing with crypto-related transactions, it's intriguing to understand how Bitget manages to remain operational within Indian borders. Is there a specific legal loophole or exemption that allows it to function, or are there other factors at play? Additionally, what are the potential risks and implications for Indian investors who choose to use Bitget for their cryptocurrency transactions?