Coinbase, FTX to Ramp Up Investment in India, But Experts Warn the Country's Crypto Space May Face Chaos

Major crypto exchange Coinbase aims to further expand its crypto hub in India by hiring more talent, as crypto derivatives exchange FTX considers investment in India's Mobile Premier League (MPL), the country's largest eSports and mobile gaming platform. However, Indian crypto veterans warn that the announced levy in the country's crypto tax bill could suck liquidity out of the market, leading India's crypto industry to chaos....