#FactCheck: Old clip of Greenland tsunami depicts as tsunami in Japan

‍Introduction 

The enactment of the Online Gaming (Promotion and Regulation) Act, 2025 has a significant impact, resulting in considerable changes to the structure of the Indian gaming industry. The ban on Real-Money Games (RMG), including fantasy sports, rummy, and poker, aims to curb addiction, illegal betting and most importantly, financial exploitation.

However, this decision sent ripples throughout the industry, resulting in players, companies and their investors re-strategising their plans to move forward. This approach, however, is a sharp contrast to how other nations, including the UK, Singapore and others, regulate online gaming. This, as a result, has also raised doubts about the ban and calls into question whether this is the right move.

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Industry in Flux - The resultant Fallout

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• MPL’s Layoffs: The Mobile Premiere League has so far laid off nearly 60 per cent of its workforce, with the CEO of the company openly admitting that the company is no longer able to make money in India.
• Dream11’s Lost Revenue: Having seen a position of being a market leader, the company has now witnessed its 95 per cent revenue wiped out, resulting in raised alarms among investors.
• A23’s Legal Move: The company chose to move the Karnataka High Court under the argument that the ban also ends up unfairly criminalising skill-based games that were earlier classified differently from gambling by the courts.

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The new face of eSports: With RMGs outlawed, the focus is now on esports, including casual mobile gaming, console/PC gaming, and creating new opportunities and also leaving a void for RMG revenue companies.

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Regulations Around the World - & India

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India has adopted a prohibition model, whereas many other countries have developed regulatory frameworks that allow sectoral expansion under monitoring.

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United Kingdom:

• Online gaming is regulated by the UK Gambling Commission.
• RMGs are legal but subject to strict licensing, age verification and advertising rules.
• Self-exclusion schemes are a must, offered by operators along with tools to prevent gambling addictions.

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United States

• State-driven regulations that vary from state to state.
• States including Nevada and New Jersey allow casinos both online and offline, while other states prohibit them completely.
• Regulation for skill-based fantasy games is fragmented but generally legal.

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China

• Great focus on controlling and restricting gaming addictions among minors.
• Time limits are enforced for players under 18 (usually as little as 3 hours per week).
• Gambling has been deemed illegal; however, esports and casual gaming operate within China’s regulated gaming ecosystem, subject to certain compliance.

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Singapore

• The Remote Gambling Act regulates chance-based games, while other eSports and skill-based games operate out of its jurisdiction and are regulated separately.
• Online gambling isn't completely banned, but is operated under restrictions.
• Only Licensed operators under strict controls are allowed by the government to operate to avoid and prevent black-market alternatives.

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Australia

• Regulates under the Interactive Gambling Act.
• Sports betting and certain licensed operators are allowed, while most of the other online gambling services are prohibited.
• Restrictions on advertising and real-time interventions allow emphasis on harm minimisation.

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India’s Approach  - Comparison

The Online Gaming (Promotion and Regulation) Act, 2025 introduces a prohibition model for real money games. This differs from jurisdictions such as the UK and US, which have implemented regulatory frameworks to oversee the sector. In India, earlier legal interpretations distinguished between games of skill and games of chance. The new legislation provides a single treatment for both categories, which marks a departure from previous judicial pronouncements. 

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Conclusion

At present, India’s gaming sector is navigating layoffs, court cases, and a pivot towards esports post the RMG ban. Keeping in mind that the intent of said ban is the protection of citizens, the industry also argues that regulation, instead of prohibition, offers a sustainable approach to the issues. On the other hand, on the global scale, most nations prefer controlled and licensed models that ensure consumer safety and work on preserving both jobs and revenues. However, India’s step is diverging from such a model. The lack of safeguards and engagement in the real money gaming industry led to a prohibition model, underscoring that in sensitive digital sectors, early regulatory alignment is essential.

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References

• India online gaming ban: Global rules & regulation bill 2025
• Level up or game over? Decoding India’s gaming industry post RMG ban
• MPL lays off 350 employees after GST rules, RMG crackdown
• India’s Dream11 hit by online gaming ban, revenue slumps
• Online gaming ban: A23 moves Karnataka HC against government decision
• UK Gambling Commission – Licensing and Regulations
• Fantasy Sports & Gambling Law – State by State
• China’s gaming restrictions for minors
• Singapore Remote Gambling Act – Ministry of Home Affairs
• Australian Communications and Media Authority – Interactive Gambling Act
  
  

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Introduction

In the labyrinthine world of digital currencies, a new chapter unfolds as India intensifies its scrutiny over the ethereal realm of offshore cryptocurrency exchanges. With nuance and determination that virtually mirrors the Byzantine complexities of the very currencies they seek to regulate, Indian authorities embark on a course of stringent oversight, bringing to the fore an ever-evolving narrative of control and compliance in the fintech sector. The government's latest manoeuvre—a directive to Apple Inc. to excise the apps of certain platforms, including the colossus Binance, from its App Store in India—signals a crescendo in the nation's efforts to rein in the unbridled digital bazaar that had hitherto thrived in a semi-autonomous expanse of cyberspace.

The directive, with ramifications as significant and intricate as the cryptographic algorithms that underpin the blockchain, stems from the Ministry of Electronics and Information Technology, which has cast eight exchanges, including Bitfinex, HTX, and Kucoin, into the shadows, rendering their apps as elusive as the Higgs boson in the vast App Store universe. The movement of these exchanges from visibility to obscurity in the digital storefront is cloaked in secrecy, with sources privy to this development remaining cloaked in anonymity, their identities as guarded as the cryptographic keys that secure blockchain transactions.

The Contention 

This escalation, however, did not manifest from the vacuum of the ether; it is the culmination of a series of precipitating actions that began unfolding on December 28th, when the Indian authorities unfurled a net over nine exchanges, ensnaring them with suspicions of malfeasance. The spectre of inaccessible funds, a byproduct of this entanglement, has since haunted Indian crypto traders, prompting a migration of deposits to local exchanges that operate within the nation's regulatory framework—a fortress against the uncertainties of the offshore crypto tempest.

The extent of the authorities' reach manifests further, beckoning Alphabet Inc.'s Google to follow in Apple's footsteps. Yet, in a display of the unpredictable nature of enforcement, the Google Play Store in India still played host to the very apps that Apple's digital Eden had forsaken as of a nondescript Wednesday afternoon, marked by the relentless march of time. The triad of power-brokers—Apple, Google, and India's technology ministry—has maintained a stance as enigmatic as the Sphinx, their communications as impenetrable as the vaults that secure the nation's precious monetary reserves.

Compounding the tightening of this digital noose, the Financial Intelligence Unit of India, a sentinel ever vigilant at the gates of financial propriety, unfurled a compliance show-cause notice to the nine offshore platforms, an ultimatum demanding they justify their elusive presence in Indian cyberspace. The FIU's decree echoed with clarity amidst the cacophony of regulatory overtures: these digital entities were tethered to operations sequestered in the shadows, skirting the reach of India's anti-money laundering edicts, their websites lingering in cyberspace like forbidden fruit, tantalisingly within reach yet potentially laced with the cyanide of non-compliance.

In this chaotic tableau of constraint and control, a glimmer of presence remains—only Bitstamp has managed to brave the regulatory storm, maintaining its presence on the Indian App Store, a lone beacon amid the turbulent sea of regimentation. Kraken, another leviathan of crypto depths, presented only its Pro version to the Indian connoisseurs of the digital marketplace. An aura of silence envelops industry giants such as Binance, Bitfinex, and KuCoin, their absence forming a void as profound as the dark side of the moon in the consciousness of Indian users. HTX, formerly known as Huobi, has announced a departure from Indian operations with the detached finality of a distant celestial body, cold and indifferent to the gravitational pull of India's regulatory orbit.

Compliances

In compliance with the provisions of the Money Laundering Act (PMLA) 2002 and the recent uproar on crypto assessment apps, Apple store finally removed these apps namely Binance and Kucoin from the store after receiving show cause notice. The alleged illegal operation and failure to comply with existing money laundering laws are major reasons for their removal. 

The Indian Narrative 

The overarching narrative of India's embrace of rigid oversight aligns with a broader global paradigm shift, where digital financial assets are increasingly subjected to the same degree of scrutiny as their physical analogues. The persistence in imposing anti-money laundering provisions upon the crypto sector reflects this shift, with India positioning its regulatory lens in alignment with the stars of international accountability. The preceding year bore witness to seismic shifts as Indian authorities imposed a tax upon crypto transactions, a move that precipitated a downfall in trading volumes, reminiscent of Icarus's fateful flight—hubris personified as his waxen appendages succumbed to the unrelenting kiss of the sun.

On a local scale, trading powerhouses lament the imposition of a 1% levy, colloquially known as Tax Deducted at Source. This fiscal shackle drove an exodus of Indian crypto traders into the waiting, seemingly benevolent arms of offshore financial Edens, absolved of such taxational rites. As Sumit Gupta, CEO of CoinDCX, recounted, this fiscal migration witnessed the haemorrhaging of revenue. His estimation that a staggering 95% of trading volume abandoned local shores for the tranquil harbours of offshore havens punctuates the magnitude of this phenomenon.

Conclusion 

Ultimately, the story of India's proactive clampdown on offshore crypto exchanges resembles a meticulously woven tapestry of regulatory ardour, financial prudence, and the inexorable progression towards a future where digital incarnations mirror the scrutinised tangibility of physical assets. It is a saga delineating a nation's valiant navigation through the tempestuous, cryptic waters of cryptocurrency, helming its ship with unwavering determination, with eyes keenly trained on the farthest reaches of the horizon. Here, amidst the fusion of digital and corporeal realms, India charts its destiny, setting its sails towards an inextricably linked future that promises to shape the contour of the global financial landscape.

References 

• https://www.business-standard.com/markets/cryptocurrency/govt-escalates-clampdown-on-offshore-crypto-venues-like-binance-report-124011000586_1.html
• https://www.cnbctv18.com/technology/india-escalates-clampdown-on-offshore-crypto-exchanges-like-binance-18763111.htm
• https://economictimes.indiatimes.com/tech/technology/centre-blocks-web-platforms-of-offshore-crypto-apps-binance-kucoin-and-others/articleshow/106783697.cms?from=mdr

Executive Summary:

A video has gone viral that claims to show Hon'ble Minister of Home Affairs, Shri Amit Shah stating that the BJP-Led Central Government intends to end quotas for scheduled castes (SCs), scheduled tribes (STs), and other backward classes (OBCs). On further investigation, it turns out this claim is false as we found the original clip from an official source, while he delivered the speech at Telangana, Shah talked about falsehoods about religion-based reservations, with specific reference to Muslim reservations. It is a digitally altered video and thus the claim is false. 

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Claims:

The video which allegedly claims that the Hon'ble Minister of Home Affairs, Shri Amit Shah will be terminating the reservation quota systems of scheduled castes (SCs), scheduled tribes (STs)  and other backward classes (OBCs) if BJP government was formed again has been viral on social media platforms. 

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English Translation: If the BJP government is formed again we will cancel ST, SC reservations: Hon'ble Minister of Home Affairs, Shri Amit Shah

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Fact Check:

When the video was received we closely observed the name of the news media channel, and it was V6 News. We divided the video into keyframes and reverse searched the images. For one of the keyframes of the video, we found a similar video with the caption “Union Minister Amit Shah Comments Muslim Reservations | V6 Weekend Teenmaar” uploaded by the V6 News Telugu’s verified Youtube channel on April 23, 2023. Taking a cue from this, we also did some keyword searches to find any relevant sources. In the video at the timestamp of 2:38, Hon'ble Minister of Home Affairs, Shri Amit Shah talks about religion-based reservations calling ‘unconstitutional Muslim Reservation’ and that the Government will remove it.

Further, he talks about the SC, ST, and OBC reservations having full rights for quota but not the Muslim reservation. 

While doing the reverse image, we found many other videos uploaded by other media outlets like ANI, Hindustan Times, The Economic Times, etc about ending Muslim reservations from Telangana state, but we found no such evidence that supports the viral claim of removing SC, ST, OBC quota system. After further analysis for any sign of alteration, we found that the viral video was edited while the original information is different. Hence, it’s misleading and false.

Conclusion:

The video featuring the Hon'ble Minister of Home Affairs, Shri Amit Shah announcing that they will remove the reservation quota system of SC, ST and OBC if the new  BJP government is formed again in the ongoing Lok sabha election, is debunked.  After careful analysis, it was found that the video was fake and was created to misrepresent the actual statement of Hon'ble Minister of Home Affairs, Shri Amit Shah. The original footage surfaced on the V6 News Telugu YouTube channel, in which Hon'ble Minister of Home Affairs, Shri Amit Shah was explaining about religion-based reservations, particularly Muslim reservations in Telangana. Unfortunately, the fake video was false and Hon'ble Minister of Home Affairs, Shri Amit Shah did not mention the end of SC, ST, and OBC reservations.

• Claim: The viral video covers the assertion of Hon'ble Minister of Home Affairs, Shri Amit Shah that the BJP government will soon remove reservation quotas for scheduled castes (SCs), scheduled tribes (STs), and other backward classes (OBCs).
• Claimed on:  X (formerly known as Twitter)
• Fact Check:  Fake & Misleading

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