India's Finance Minister has targeted overseas exchanges after ruining Indian exchanges, this only targets common Indians for victimless crime.

A Chosen Attack 

      India is ruled by Dalit type of political ideology, which heavily taxed the Indian crypto industry and bankrupted it for daring to allow people to raise income without harming anyone. However, users turned to international exchanges, due to which international exchanges are now the target of that ideology.  

URL Ban threat

     The Finance Ministry has sent notices to 9 popular exchanges on the pretext of money laundering and terrorism financing. The exchanges are instructed to register with the Financial Intelligence Unit or their URL will be banned. These 9 exchanges are – Binance, Bittrex, Bitstamp, Bitfinex, Kucoin, Kraken, Huobi (HTX), Gate․io, and MEXC Global.

Equal and Opposite Reaction  

    The big traders may handle it, but the small traders are troubled, mostly disabled, orphans, the destitute.l. People might turn to CEX not under the government's radar or use non-custodial wallets for HODL and VPN or DEX for trading. Necessity is the mother of invention, new inventions may also happen.