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I think the government is not entirely sure what it wants to do from a policy perspective, it knows where it wants to land broadly. It wants to find the right balance where it is not disconnected from the global progress in blockchain and other tech, but it wants to also address concerns regarding cryptocurrency.
Found on CNN 2 years ago
This rate is typically used to tax activities that are not considered economically productive, such as lottery, so this could be an indication that the government wants to make revenue, but it does not see crypto trading as economically productive.
Found on CNN 2 years ago
It will eventually come down to miners finding the right hub for their activities, they need a place with political stability and cheap electricity.
Found on CNN 2 years ago
Some of these coins can be quite scammy, but in imposing a blanket ban, India would be out of sync with important global tech and business developments in blockchain.
Found on CNN 2 years ago
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