India's Crypto Economy | A Crypto Bill Embedded In Confusion, Tension 🧐
Amid growing speculations of a crypto ban, let us take a look at the facts and reports as the Crypto Bill awaits Cabinet approval
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Amid growing speculations of a crypto ban, let us take a look at the facts and reports as the Crypto Bill awaits Cabinet approval
The Indian government is working on a crypto bill. The crypto bill could bring stringent punishment for crypto users.
Although the government has previously said it aims to promote blockchain technology, the proposed law will also deal a blow to its use as well as to the non-fungible token market in India.
During the interview, Rajan also expressed that most of the existing cryptocurrencies will soon perish.
The Reliance Industries chief said DeFi can provide security, trust, and efficiency to all transactions.