cryptocurrency: Hazy rules delink Indian cryptos from global markets

Mumbai: An early Sunday flash crash that shook traders in the world’s cryptocurrency hotspots, where betting goes on 24/7, has brought to the fore the curious and cocooned nature of this magic money market in India.

A blackout in China’s Xinjiang region and unconfirmed reports that financial institutions, suspected of using cryptos to launder money, would be probed by the US government sparked a selloff. Prices of Bitcoin and other