The situation is heating up in India, with national parties and leaders putting a glaring spotlight on Bitcoin.
After Opposition leader Rahul Gandhi accused the ruling party of covering up a big “Bitcoin Scam” on Saturday, the accused fired back. However, this tweet from Gandhi did what years of discussions between the Finance Ministry, Reserve Bank of India, a special committee, and the crypto-industry couldn’t. It finally, belatedly, brought Prime Minister Modi to the table.
According to reports, the Prime Minister of India Narendra Modi chaired a crucial discussion on the way forward for crypto. The meeting was the result of a consultative process after the RBI, the Finance Ministry, and the Home Ministry finished their own consultation
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