India appears to be taking a progressive stance on Bitcoin (BTC). Especially given the fact that the country is attempting to reach a uniform viewpoint on the categorization and legality of this new asset class.
Amid a slew of cabinet meetings, industry debriefings and mounting banking issues, the country's prime minister has grown increasingly vocal about cryptocurrencies.
At the Sydney Dialogue, Prime Minister Narendra Modi called for democratic countries to work together to get the most out of cryptocurrencies and blockchain technology. He also stated that they should not be used for unethical purposes.
Take crypto-currency or bitcoin for example. It is important that all democratic nations work together on this and ensure it does not end
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