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India to soften position on regulating cryptos by taking ‘middle path’
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With cryptocurrency adoption showing no signs of stopping, India is reportedly leaning towards a neutral stance as far as regulation is concerned. This is interesting, especially since there were rumors that the winter session of the Indian parliament will see the cryptocurrency bill being introduced. However, recent reports suggest that its previous hardliner approach might be softening of late.
Since the crypto-industry has already captured a huge market share in the nation amounting to
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