The wording of the Lok Sabha bulletin released late on Tuesday has spooked both investors as well as venture capitalists. The Bill seeks to prohibit all private cryptocurrencies in India but allows for “certain exceptions to promote the underlying technology and its uses”.
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View Details »Over the last few days, leading cryptocurrency exchanges have rushed to organise calls and meetings to calm investors. In the last two years, several investors including Silicon Valley-based venture fund Andreessen Horowitz, Sequoia, Facebook co-founder Eduardo Saverin’s B Capital and Coinbase Ventures have together invested more than $500 million in several crypto
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