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13.12 - 17:19
WazirX CEO discusses India’s crypto market, urges investors not to give in to FUD
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The Indian crypto market is in turmoil and the air is thick with FUD as the government potentially prepares to table the heavily-discussed yet mysterious Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.
As rumors of a ban floated around, Indian investors began panic-selling. In response, WazirX CEO Nischal Shetty has been making numerous media appearances to address a widespread lack of crypto literacy.
The CEO of the Binance-acquired exchange first spoke about the importance of setting aside ban-related speculation and instead focusing on crypto education.
He said,
“A lot of people who don’t understand crypto completely, still see it from an outside point of view. And from an outside point of view, crypto simply seems
Read more on ambcrypto.comAbout this in other media
9 in 10 urban Indians worry about savings not lasting through retirement: Study financialexpress.com /2 years ago
Expect 100 mn Indians to own cryptocurrencies in 2-3 years: Nischal Shetty economictimes.indiatimes.com /2 years ago
India to regulate crypto, avoids outright ban finextra.com /2 years ago
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