Today news
About the same in other media
06.12 - 14:09
India to tighten crypto regulations, may allow only ‘pre-approved’ crypto tokens
Reading now: 395
ambcrypto.comCryptocurrencies have the potential to disrupt human life as we know it. It has evolved as a strong asset class while making giant strides towards becoming a designated “currency.”
Institutions, even countries, want to dig deep to capitalize on this asset class. India, with a population of 1.39 billion is riding the same wave as other regions across the globe, however, there is no certainty of a smooth sail.
In the latest development, the Indian government plans to lay down some strict regulations concerning the rising demand for crypto tokens. Apart fromBitcoin, Ethereum, or other known tokens, other shitcoins have surfaced this year. Ergo, giving rise to speculations and FUDs.
This could be one of the reasons why India wants to tighten
Read more on ambcrypto.comAbout this in other media
"Lot Of Unhealthy Speculation On Cryptocurrency Taking Place": Finance Minister Nirmala Sitharaman ndtv.com /3 years ago
"Defining Moment For Cryto Startup Community In India": Analysts Remain Optimistic On India's Crypto Bill ndtv.com /3 years ago
Crypto regulation needs collective efforts: FM economictimes.indiatimes.com /3 years ago
Show more
The website finance-news.co 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.
