Dhuplajian ,Kechi (2023,February 7). Five Indications Suggest India’s Crypto Policy Likely to Stay Put Following 2024 Elections.

Quick Summary:

As India Election 2024 progresses through multiple phases, crypto enthusiasts and industry observers in the world’s largest democracy, are eagerly anticipating indications about the direction of crypto policy in the country.

The government’s lack of enthusiasm and preference for other technologies over cryptocurrencies indicate that sudden policy changes are improbable.

During its second term, Prime Minister Narendra Modi government’s strict tax and regulatory actions have greatly limited the expansion of the crypto industry.

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Article Details

Author / Journalist: Jane Lubale

Category: Crypto

Markets: India

Topics: Blog India Elections and Cryptocurrency India Crypto Regulations India crypto policy India Elections

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-26 @ 00:17:35 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 623 words

Reading Time: 4 minutes read

Sentences: 39 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20789369

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