India crypto ban crypto assets India

Banning all crypto unwise move: ORF report

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cryptocurrencies need to be regulated like any other financial asset and it would be unwise for India to ban private crypto assets when it has the ability to capitalise on it, a study released by Observer Research Foundation (ORF) said on Tuesday.

The Indian crypto asset industry has witnessed exponential growth over the last five years. An estimated 15 million crypto-asset holders have put in Rs 660 crore in these crypto asset holdings.

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