complianceandtransparency

India's crypto landscape is AML-first, tax-certain, and still evolving. "No audit, no licence" signals a platform or token operating outside India's compliance perimeter—no independent code/security/financial attestations and no FIU‑IND registration—elevating counterparty, custody, and legal risk. Practically, that can mean frozen off‑ramps, delayed withdrawals during probes, and minimal recourse if things break. Even when venues are offshore or unregistered, India's obligations still apply: 30% tax on gains and 1% TDS on transfers, plus clean records for scrutiny. Safer practice is simple: prefer FIU‑registered exchanges, verified smart‑contract/security audits, and transparent reserves; size positions on unaudited protocols as speculative; self‑custody core holdings; and keep compliant tax logs. In a market likely to "grind higher" under Fed easing and growing bank rails, protecting downside via compliant venues and audited infrastructure matters as much as chasing upside.
Trade Tip of the Day: #SOL /#USDT Long Setup
Solana is trading at $233 after defending the crucial $224-$230 support zone, with analysts eyeing a breakout above $246 resistance that could unlock $270-$280 targets. The setup looks compelling: whale accumulation hit $410M in recent weeks, ecosystem dominance continues with 85M of 100M new tokens launching on Solana, and technical patterns show a rising wedge with support holding firm. Entry: $232-$235 range. Stop loss: Daily close below $224. Target 1: $246 (resistance break). Target 2: $270-$280 (pattern projection). Risk/reward: 1:3. The Fed's easing cycle typically benefits high-beta L1s like SOL, and with ETF speculation building, this could be the week for the next leg higher.
#IndiaCrypto #ComplianceAndTransparency #Binance