Today news
About the same in other media
Indian businesses ride crypto-wave despite uncertain regulatory framework
Reading now: 782
ambcrypto.comWhile the Indian administration is making an attempt to onboard policymakers for a progressive crypto law, recent reports also suggest otherwise. With watchdogs like the central bank maintaining a cautious stance on the sector, India might allow only pre-approved tokens to trade.
Recently, Swadeshi Jagaran Manch (SJM), a political organization in the country also suggested that the government to ensure crypto and mining data stay on domestic servers.
Despite the current uncertainty in the regulatory environment, new Indian businesses are betting big on the asset class.
As per data by Tracxn, India now has around 400 crypto start-ups, including 12 NFT players. Out of which, close to 100 crypto-related businesses were born in 2021 alone.
Sathvik
Read more on ambcrypto.comAbout this in other media
Crypto token should be treated as special class of securities: CII economictimes.indiatimes.com /2 years ago
Indian trade group recommends ‘special class security’ status for crypto cointelegraph.com /2 years ago
Indian CoinDCX crypto exchange to go global in 2022, says exec cointelegraph.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.
