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IMAI against the proposed cryptocurrency ban in India IMAI against the proposed cryptocurrency ban in India Advertisement Internet and Mobile Association of India (IAMAI) has urged the Indian Government not to ban cryptocurrency in India and has also welcomed Finance Minister Nirmala Sitharaman’s comments that the government will take a “calibrated approach to crypto trading and “negotiations and discussions are going on with the Reserve Bank of India (RBI) on how to regulate cryptocurrency in India.
IAMAIhas issued a statement in which it has appealed to the Government of India not to ban cryptocurrency and has proposed to develop robust mechanisms to regulate the ecosystem. The reason to back their claim is that Cryptocurrency has been generating jobs across a variety of functions legal, compliance, tech, marketing, business development, finance, etc. in India and abroad. ....
New-age tech companies in India use cryptocurrency for paying salaries, bonus and other incentives March 7, 2021 The post said that the battery drain issue may be resolved as the 5G grows in capacity. ....