#LatestBreaking
India-Pakistan tensions could have negative effects on the crypto market (in short and in brief):** ๐๐๐
1. **Market volatility**
- Political turmoil could cause cryptos, including BTC/ETH, to fluctuate rapidly
2. **Indiaโs bans could worsen**
- P2P trading could be banned
- VPN users could be targeted
3. **Pakistanโs crypto plans could be delayed**
- Political instability could put a halt to international investment
4. **Local investors could suffer**
- Indian investors could face tax penalties
- Pakistani investors could face market collapse
**Worst case scenario**:
If the two countries are locked in a trade war, crypto usage in South Asia could temporarily grind to a halt, reducing regional liquidity.
*Note*: While this may be a temporary setback, there are still long-term opportunities due to crypto adoption in both countries.
