According to Sumit Gupta (CoinDCX), India possesses the user base, talent, and market opportunity to dominate the Web3 and cryptocurrency sectors, but the lack of regulatory clarity remains a significant barrier to growth (source: Fortune India via Twitter). Addressing regulatory uncertainties could unlock institutional investment, boost user adoption, and position India as a Web3 hub, impacting global crypto market flows and competitive dynamics. Traders should monitor developments in India’s regulatory landscape as any positive movement could trigger increased trading volumes, higher liquidity, and bullish momentum for crypto assets with large Indian exposure (source: Fortune India via Twitter).

According to Sumit Gupta (CoinDCX), Supreme Court Justice Surya Kant has stated that due to the absence of clear regulations for cryptocurrencies in India, trading digital assets could currently feel uncertain for market participants. This environment increases risk for traders, as the lack of regulatory clarity may impact liquidity, exchange operations, and investor protections. Gupta emphasizes that understanding these legal ambiguities is critical for Indian crypto traders and investors, as regulatory developments could significantly influence market sentiment and trading strategies in both local and global crypto markets (source: Sumit Gupta via Twitter, May 6, 2025).