No law bans withdrawal of cryptocurrency: Binance

Indian crypto exchanges are blocking user withdrawals fearing misuse for money laundering. Global exchange Binance, however, permits free withdrawals, citing user rights and global norms. This difference exposes a regulatory gap in India's digital asset market. Experts suggest clear guidelines are needed to balance security and user freedom. The situation creates uncertainty for crypto users and service providers alike.

Raccontata daeconomictimes.indiatimes.com