India’s regulatory position on cryptocurrencies remains elusive at best. Especially since the country is struggling to form a uniform consensus on the classification and legalization of the novel asset class. Amid a flurry of cabinet meetings, industry debriefings, and heightened banking concerns, the country’s Prime Minister has now become increasingly vocal about the same.
Addressing the Sydney Dialogue online, PM Narendra Modi highlighted the importance of democratic nations working in tandem to achieve the most out of cryptocurrencies and blockchain technology. In doing so, he cautioned against them being utilized for unfair means instead.
<p lang=«en» dir=«ltr» xml:lang=«en»>Take crypto-currency or bitcoin for example.It is important
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