P2P能成为印度加密货币交易的未来吗? - 互联网金融门户 未央网

最有看点的互联网金融门户

最有看点的互联网金融门户
全新的互联网金融模式国际资讯

P2P能成为印度加密货币交易的未来吗?

近日,印度央行宣布禁止银行参与加密货币交易,于是整个加密货币市场开始转战P2P平台。那么,P2P能成就印度加密货币交易的未来吗?

专家观点一:Himanish Chaudhuri,Deloitte India合伙人

“关于加密的规定需要进一步确认”

印度储备银行(后文简称RBI)规定银行和其他RBI监管实体暂停所有与加密卢比相关的交易,自2018年7月5日起,加密卢比交易受到重创,我们观察到印度市场上的一些替代方法,其中P2P模型使加密交易成为可能。

值得注意的是,由财政部组成的委员会制定监管加密货币的框架预计将在7月份公布其报告。虽然印度的部分行业已经开始用替代模型来应对加密货币,但他们应该确保这些模型不会以任何方式违反规定。目前,监管环境仍在不断改变,观察委员会报告的发展情况非常重要。

在全球范围内,对于加密货币的规定也各不相同,从不接受到有条件接受。因此,监管框架需要不断发展以明确界定接受程度,并且需要足够全面,以清楚地表达银行和金融机构、加密货币交易所、行业发展中的金融科技公司的期望,最重要的是,要保护投资者。

专家观点二:Rashmi Deshpande,Khaitan&Co合伙人

“政府不太可能使加密资产非法化”

印度的加密货币市场在过去几年中实现了跨越式发展。即使虚拟货币交易价值达到35亿美元,但仍然缺乏监管市场的法律框架。

在印度,加密货币不被印度储税银行认可为合法招标,但到目前为止,没有任何法律宣称它们“非法”。最近的RBI禁令是一个激进的举动,使得交易所敲响了法院的大门,并质疑该禁令的宪法有效性。交易所贸易商和政府都在密切关注此事。

与此同时,财政部已宣布为该行业引入监管框架。考虑到所涉及的高风险,政府似乎不太可能完全宣布这些货币是非法的。尽管如此,鉴于印度储备银行的举措,拟议的法规可能会非常严格。由于该部门具有巨大的以税收形式产生收入的能力,如果要得到适当的监管,需要引入一个有效的框架。如果法规提供适当的制衡措施,可以减少虚拟货币交易中的大量欺诈行为,从而将该部门置于法律保护之下。

专家观点三:CoinSwitch.co联合创始人兼首席执行官Ashish Singhal

“P2P模式只能提供快速修复功能,没有前途”

在RBI禁止加密货币之后,P2P交易模式已成为新兴加密货币交易者和投资者的可行选择。然而,P2P只能是一个临时解决方案,并不会定义加密交易和印度投资的未来。

根据RBI通告,P2P仍然处于灰色地带,不仅禁止公司,还禁止使用RBI监管的实体(如银行)参与购买和销售加密货币。

在RBI禁令之后,我们认为加密交易的P2P模式是一种快速解决方案。印度储备银行和印度政府需要制定更强有力的法规以保障用户的利益,同时允许交易所蓬勃发展,遏制通过加密交易进行洗钱和其他非法活动的问题。

大多数加密公司已经遵循了反洗钱和KYC(了解您的客户)规定,并愿意与当局合作制定必要的法规。一揽子禁令只会限制雄心勃勃的投资者,并迫使他们采取对行业长期发展不利的手段。

专家观点四:WisirX创始人兼首席执行官Nischal Shetty

“投资者别无选择,只能使用P2P”

随着目前的RBI禁令,人们除了使用P2P之外别无选择。

值得注意的是,P2P传输已经存在了很长时间,但它们通常被简化为机密网站。这构成了严重的威胁,因为任何人,甚至是歹徒,都可以在这些网站上进行交易。

但是,为了在印度创建最安全的加密平台,我们在P2P交易中使用了e-KYC和AML指南。在允许某人进行交易之前,我们会验证他们的电子邮件、手机号码、身份和PAN(永久帐号)卡号。我们还记录交易所的每笔交易。

在启动WazirX P2P的不到一周的时间里,我们每天都会看到价值数十万卢比的订单。与以前的银行转账方式相比,似乎我们会看到通过P2P转账进行加密交易的资金更多。

从长远来看,我认为P2P和直接银行转账可以用于不同的领域。在许多情况下,P2P可能最终成为一种更快的提款方式,因为买家会立即直接向卖家转账。

After the central bank banned banks from servicing crypto exchanges, a few of them moved to P2P platforms to enable crypto-rupee trading. Shaikh Zoaib Saleem asks experts if P2P is the future for such trades

Himanish Chaudhuri, partner, Deloitte India

Regulations around crypto need to evolve

In the wake of Reserve Bank of India’s (RBI) directive to banks and other RBI-regulated entities to suspend all transactions with crypto exchanges, effective 5 July 2018, crypto-rupee trades have taken a hit. We have been witnessing a few alternative practices in the Indian market, where peer-to-peer or P2P models are adapted to make crypto transactions possible.

It is pertinent to note that the committee constituted by the finance ministry to develop a framework to regulate crypto currencies is expected to come out with its report in July.

While the industry in India has started responding with alternate models to deal in crypto currencies, they should ensure that these models do not violate the regulations in any manner.

Currently, the regulatory environment is still emerging and it will be important to watch the developments in the committee report.

Globally, as well, there are varied regulations on crypto currencies ranging from non-acceptance to conditional acceptance. Hence, the regulatory framework needs to evolve to clearly define the level of acceptance and need to be comprehensive enough to clearly articulate the expectations from banks and financial institutions, crypto currency exchanges, fintech companies evolving in the industry and, last but not the least, protection of investors.

Rashmi Deshpande, Associate Partner, Khaitan & Co

Govt unlikely to make crypto assets illegal

The crypto currency market in India has grown by leaps and bounds in the last few years. Even though trading in virtual currencies has reached $3.5 billion worth of transactions, there is still lack of a legal framework to regulate the market.

In India, crypto currencies are not recognised as legal tenders by the RBI but so far there is no law that has declared them “illegal” despite. The recent RBI ban, a drastic move, has undoubtedly made the exchanges knock on the doors of courts and question the constitutional validity of the circular. The matter is being closely monitored by not only the exchanges but also traders and the government.

In the meanwhile, there have been announcements by the finance ministry to introduce a regulatory framework for the sector. It seems unlikely that the government will altogether declare the currencies illegal, considering the high stakes involved. Nonetheless, the proposed regulations could be stringent given RBI’s move. Since the sector has enormous capacity to generate revenue in the form of taxes, if regulated properly, the need of the hour is to bring in an effective rather than a regressive framework. The recent spate of frauds in virtual currency transactions can be reduced if regulations provide proper checks and balances, thus bringing the sector under the legal umbrella.

Ashish Singhal, Co-Founder and CEO of CoinSwitch.co

P2P mode just a quick fix, has no future

Following the ban on crypto currency by the RBI, the P2P mode of transactions has emerged as a commercially viable option for the burgeoning crypto traders and investors. However, the P2P variant could only be an interim solution, and wouldn’t define the future of crypto trading and investment in India.

P2P is still in the grey area as per the RBI circular, which barred not just companies but also individuals who are involved in the purchase and sale of crypto using RBI-regulated entities, such as banks. Even in the case of direct transfers among peers, where the exchange would typically act like an escrow, gives rise to later challenges during financial audits.

We consider the P2P mode of crypto trading as a quick fix, following the RBI ban. The RBI and the government of India need to come up with stronger regulations that would safeguard the interests of the users, while allowing exchanges to thrive and yet curb the problems of money laundering and other illegal activities being carried out via crypto trading.

Most crypto companies have already implemented AML (anti money laundering) and KYC (know your customer) guidelines and are willing to work with the authorities to have necessary regulations in place. However, a blanket ban will only restrict ambitious investors, and push them to adopt means that are not conducive in the long run.

Nischal Shetty, founder and CEO, WazirX

Investors left with no choice but to use P2P

With the current RBI ban in place, people have no other alternative but to use P2P. We were forced to think outside the box due to the ban and realised a great P2P experience will help people to continue investing in cryptos.

It is also interesting to note that P2P transfers have existed for a long time now, but they were often reduced to classified sites. That posed serious threats, since anybody, even miscreants, could trade on such sites.

But driven with a vision of creating the most secure crypto platform in India, we infused e-KYC and AML guidelines in P2P transactions. Before allowing someone to trade, we verify their email, mobile number, identity, and PAN (permanent account number) card number. We also keep a record of every transaction on the exchange.

We’re seeing orders worth many lakhs every day in less than a week of starting WazirX P2P. Looking at the response, it seems like we’ll be seeing more money flowing in crypto trading through P2P transfers as compared to the previous alternative of bank transfers.

In the long run, I see both P2P and direct bank transfers being active for different use cases. In many cases, P2P may end up being a faster way to withdraw funds as buyers transfer money immediately and directly to the seller. Exchanges traditionally still take a longer time to process withdrawals.


用微信扫描可以分享至好友和朋友圈

扫描二维码或搜索微信号“iweiyangx”
关注未央网官方微信公众号,获取互联网金融领域前沿资讯。

发表评论

发表评论

您的评论提交后会进行审核,审核通过的留言会展示在下方留言区域,请耐心等待。

评论

您的个人信息不会被公开,请放心填写! 标记为的是必填项

取消

未央今日播报:P2P网贷整治办下发合规检查通知 检查清单涉及108条

未央研究 2天前

P2P撑住,国家来维稳了

董云峰 | 新金融琅琊... 2天前

不解决如下问题,四大AMC化解P2P风险只是纸上谈兵

陈文 08-16

未央今日播报:银保监会要求四大AMC协助化解P2P风险

未央研究 08-16

传银保监会要求4大AMC协助化解P2P风险

网贷之家 | 网贷之家 08-16

版权所有 © 清华大学五道口金融学院互联网金融实验室 | 京ICP备17044750号-1