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Expect Robinhood clones to rise if India makes crypto an asset class
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Mumbai: India could see apps like Robinhood emerge in the next few years if cryptocurrencies are classified as an asset class. Nasdaq-listed Robinhood is a mobile app that allows users to conduct commission-free trades of stocks, exchange-traded funds and cryptocurrencies.
While there are similar ‘discount brokers’ in India, none of them currently allows trading in crypto. ET reported on Monday that the Union Cabinet could later this weekdiscuss a legal framework for cryptocurrencies and is
. Read more on economictimes.indiatimes.comAbout this in other media
Treat crypto or digital tokens as securities of special class: CII moneycontrol.com /3 years ago
Indian trade group recommends ‘special class security’ status for crypto cointelegraph.com /3 years ago
Proposed bill banning crypto payments could mean jail for violations economictimes.indiatimes.com /3 years ago
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