Today news
About the same in other media
CoinSwitch Kuber CEO says crypto ban unlikely as $6-bn assets held in India
Reading now: 603
business-standard.comAn outright ban on crypto is unlikely as retail investors in the country hold about $6 billion of such virtual currencies, CoinSwitch Kuber founder and CEO Ashish Singhal said in a webinar on Wednesday. He also sounded a word of caution on the consequences of a ban, saying the Nigerian government had to walk back its ban within 12 days as crypto is a peer-to-peer technology that can’t be easily contained.
The session on Youtube was hosted to answer users’ queries as a listing of a bill for regulating digital currencies in the Winter Session of the parliament has put crypto users in a fix.
“We have not seen the bill and so won’t be able to talk about its contents. But based on the discussions that the industry has had with the government
Read more on business-standard.comAbout this in other media
Govt likely to give crypto holders a deadline to declare assets: Report business-standard.com /2 years ago
Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchanges economictimes.indiatimes.com /2 years ago
Expect Robinhood clones to rise if India makes crypto an asset class economictimes.indiatimes.com /2 years ago
Show more
The website gocryptonft.com 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.
