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Nithin Kamath raises red flag on crypto derivatives exchanges
Financial Express Chennai
|November 27, 2025
ZERODHA'S FOUNDER AND CEO Nithin Kamath on Wednesday flagged concerns over the risks associated with trading on crypto derivatives exchanges as they exist in a 'regulatory limbo'.
In a LinkedIn post, Kamath said: "Crypto derivatives exchanges exist in regulatory limbo. A bit like Schrödinger's cat - neither fully regulated nor unregulated. This ambiguity is being exploited in dangerous ways."
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