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India: PM Modi calls for cooperation on cryptos between ‘democratic nations’
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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
Read more on ambcrypto.comAbout this in other media
54% people don’t want cryptocurrencies to be legalised in India, favour taxation as foreign asset: Survey financialexpress.com /2 years ago
India to consider allowing crypto trading for some investors economictimes.indiatimes.com /2 years ago
More Than Half Of Indians In Survey Don't Want Crypto Legalized: Report ndtv.com /2 years ago
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