@Faraz said in What is Pi Coin?:
What specific regulatory or technical obstacles are preventing its official launch in the Indian market, and how does this unofficial trading activity impact the legal and financial security of Indian users?
The regulations surrounding cryptocurrency in India can be quite intricate. The RBI is being cautious because they're concerned about financial stability, consumer safety, and the prevention of illegal activities.
Uncertainty can confuse people, and with trading being poorly regulated, users face risks such as scams, fraud, and lack of legal protection. Therefore, it's crucial for everyone to be vigilant and stay informed.