Cryptos put India's richie rich in a catch-22 situation, legality of transaction may be questioned

Others have purchased cryptos online from foreign sellers using their debit and credit cards. But there are question marks whether the LRS route and bank cards can be used to buy cryptos abroad.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/cryptos-put-indias-richie-rich-in-a-catch-22-situation-legality-of-transaction-may-be-questioned/articleshow/82078412.cms