According to a Sunday report by Reuters, India is currently reconsidering its position on cryptocurrencies due to changing attitudes around the globe. 🌏
Ajay Seth, who has been leading the Department of Economic Affairs (DEA) since 2021, has noted that several jurisdictions now view crypto differently when it comes to use cases and the level of acceptance. 🤔
According to Seth, India’s stance has to align more closely with the global consensus. 🌍
Last October, it was reported that India’s cryptocurrency-focused discussion paper was put on the back burner, and it is not clear when it is going to be released since there is no definitive timeline. The paper, which aims to introduce clear crypto rules, was supposed to be unveiled in September. 📜
In November, local media outlets reported that India started re-considering a cryptocurrency ban due to some risks posed by the sector. The country’s authorities view a central bank digital currency (CBDC) as a more viable alternative. 💸
Read More
- Top 8 UFC 5 Perks Every Fighter Should Use
- Unlock the Magic: New Arcane Blind Box Collection from POP MART and Riot Games!
- Unaware Atelier Master: New Trailer Reveals April 2025 Fantasy Adventure!
- Unlock the Best Ending in Lost Records: Bloom & Rage by Calming Autumn’s Breakdown!
- How to Reach 80,000M in Dead Rails
- Unlock Roslit Bay’s Bestiary: Fisch Fishing Guide
- How to Unlock the Mines in Cookie Run: Kingdom
- Unleash Hell: Top10 Most Demanding Bosses in The First Berserker: Khazan
- REPO: How To Fix Client Timeout
- Reverse: 1999 – Don’t Miss These Rare Character Banners and Future Upcoming Updates!
2025-02-02 21:04