Feb 9, 2022 • 39M

S5 Ep112: How the Sun's Shining on Crypto Kingdom in India With Edul Patel of Mudrex

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Welcome to LongShorts! A TRANSFIN. Podcast where Nikhil Arora (https://twitter.com/Nikhil26A) and Sharath Toopran (https://twitter.com/SharathToopran) converse with entrepreneurs and business operators running successful startups, profitable SMEs and family promoted firms on one end, and top investment professionals representing VC/PE/credit funds on the other. The objective is to bring out an "actionable" perspective converging the world of business and investing.
Episode details

India recently created a framework to tax crypto assets in a move that is being seen as bold and progressive by one of the largest economies of the world. 

But does a crypto tax necessarily confer legitimacy on an asset class that is long distrusted by traditional financial systems due to its novelty, volatility and notoriety?

Join us as we discuss these nuances and much more with our guest Edul Patel, the Co-founder and CEO of Mudrex.com, an automated crypto trading platform. As a self-proclaimed "crypto enthusiast first and Mudrex founder later", his take on the Government's move is largely optimistic just like his take on cryptocurrency which he believes is "going to stay here for the next 30-40 years".

Tune in for a riveting conversation on all things crypto as we discuss the details of the crypto tax, Mudrex's business and the state of the crypto market in India while also sharing a laugh or two on the "mematic elements" of this ever-savvy and impossible-to-ignore financial asset.