As reported by BTC PEERS, India is having a hard time taking a stance for or against cryptocurrencies. The country has been in the spotlight with regards to this issue for over a year. Although processes are already on the way to introduce a law to ban cryptocurrencies by the Indian Parliament, the new compromise could change the direction of things.
According to the Finance Minister, India cannot ignore the growth of cryptocurrencies in other parts of the world. He believes that banning cryptocurrencies could affect his country’s position as a key player in the Fintech sector. Sitharaman said:
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Source: Cryptocurrency - investing.com
