The judgment of the Supreme Court on March 2020 quashing the Reserve Bank of India’s (RBI) ban relieved many stakeholders in the crypto - ecosystem[1]. One such player was crypto exchanges. Crypto exchanges or digital asset exchanges essentially allow the user to buy or sell c rypto assets (popularly known as cryptocurrency[2]) using their fiat money like INR. Currently, there are around 400 known exchanges that globally trade digital assets including cryptocurrencies. Unlike for any bank or financial institution, there are no s pecific regulations for these exchanges in India. A well - known crypto exchange provides in its terms and conditions that it is not a financial institution, bank, credit union, trust, hedge fund, broker or investment, or financial advisor, and is not subjec t to the same laws, regulations, directives, or requirements applicable to such persons. Further, it is merely a technology platform and the user is solely and entirely responsible for the legal, regulatory, and tax compliance of all transactions carried o ut by the user. Tatva Legal, Hyderabad has an experienced team of corporate lawyers who, amongst other services, advise on niche areas of law involving crypotocurrency , blockchain technology, AI and m achine l earning and other such areas involving information technology law Read More : https://tlegal.com/blog - details/regul ation - of - cryptocurrency - exchanges - in - india