Update: India Cryptocurrency
https://inc42.com/buzz/indian-govt-crypto-assets-cryptocurrency/Indian Crypto Comittee head clarifies that cryptocurrency is not illegal in India
This can be seen as a positive statement of our finance minister (India) that
if no black money is involved, the government might allow the cryptocurrency trade to continue in future.
It's so infantile. I wonder how would that be possible to determine that no black money is involved?
Actually, they can be sure the black money
IS involved in finance in general, and thus also in crypto.
This is, however, really worrisome
The general public should breathe a sigh of relief knowing that the government will now take steps to safeguard them, and that we are now closer than ever to a regulated crypto-asset market.