Crypto getting standardised but nothing beats a regulator: Ashish Singhal, Co-Founder, CEO at CoinSwitch

Ashish Singhal, the CEO of CoinSwitch, argues that while standardising crypto is a positive step, it cannot replace the need for a strong regulator. He believes that without a clear legal framework, the industry remains vulnerable to fraud and market manipulation. This view highlights a key tension in the Indian market: the desire for innovation versus the need for consumer protection.
For investors, this underscores the importance of choosing platforms that comply with all existing financial laws. Standardisation helps build trust, but it is the regulator's role to ensure that safety. Investors should keep an eye on how the government plans to balance these competing interests in the coming months.
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