India Provident Aware SEC India

Report recommends regulating not banning ‘flourishing’ crypto industry in India

Reading now: 510
ambcrypto.com

India is the second biggest crypto market in terms of global adoption, with an estimated investment of INR 6.6 billion in the asset class.

Unsurprisingly, reports of a likely private crypto ban caused market mayhem in the country last week. However, Subhash Garg, the former finance secretary who drafted the Crypto Bill, called the bill’s description mentioning the ban, “a mistake.”In a recent report, Observer Research Foundation also recommended that India should consider regulating

Read more on ambcrypto.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
DMCA