The rise of crypto derivatives in India is set against a backdrop of evolving regulatory frameworks and emerging opportunities within the blockchain ecosystem. In this engaging episode of the Analytics Insight Podcast, host Priya Dealani connects with Avinash Shekhar, co-founder and CEO of Pi42, a pioneering crypto derivatives exchange facilitating INR-based trades in Bitcoin and Ethereum. With a wealth of experience as a chartered accountant, Avinash shares his personal journey into the crypto space, which began in 2017, and discusses the unique tax advantages that Pi42 offers to Indian users, including zero TDS and the ability to set off losses.

Avinash elaborates on Pi42’s mission to enhance India’s crypto landscape by providing a specialized platform for derivatives trading, thus unlocking new opportunities for investors. The conversation also explores the transformative potential of blockchain technology beyond cryptocurrencies, with applications spanning finance, education, and digital payments. Avinash expresses his optimism about the regulatory landscape in India, forecasting a supportive environment within the next 1.5 to 2 years that could catalyze blockchain innovation.

A significant part of their discussion focuses on the role of blockchain in education, as Avinash envisions a global, decentralized learning ecosystem that could improve accessibility and quality of education worldwide. He emphasizes the collaborative nature of blockchain projects and their capacity to reshape educational opportunities.

The episode wraps up with a forward-looking dialogue on the future of blockchain and crypto in India, highlighting the crucial need for regulatory clarity to bolster domestic innovation.

Don’t miss this insightful episode! Tune in to discover the exciting developments in India’s blockchain landscape and the promising future of crypto derivatives as envisioned by Avinash Shekhar. Whether you're a trader, investor, or blockchain enthusiast, this episode offers valuable perspectives on navigating the evolving crypto environment in India.