India’s COINS Act 2025: The Crypto Scam Slayer You’ve Been Waiting For
India takes a chainsaw to crypto fraud with its bold new legislation—no more 'rug pulls' under the watch of New Delhi's financial cops.
How it cuts through the noise: The COINS Act 2025 isn't just another regulatory yawn-fest. It's a surgical strike on Ponzi schemes, fake DeFi projects, and those pesky 'send me 1 ETH for 10 ETH back' Twitter bots.
The fine print that matters: Mandatory KYC for all exchanges, jail time for anonymous wallet promoters, and—finally—real consequences for influencers shilling sketchy altcoins (looking at you, 'MoonShotMax' Telegram groups).
Why traders should care: Less scam-induced volatility means more institutional money flooding in. Unless you were banking on exit scams as an investment strategy—in which case, maybe try traditional banking?
The bottom line: India's not just playing defense anymore. With this law, they're turning crypto's wild west into a patrolled frontier—and frankly, it's about time someone charged the sheriffs.
