Future of crypto assets in India: will it be a ban or birth of a new class
— Birth, Blockchain, Cryptocurrencies, Market, Users, Current, Class, Cryptocurrency, Crypto, Assets — 1 min read
El Salvador is the first and only nation so far to formally recognize Bitcoin as a form of legal tender on June 9, 2021. India plans to launch the digital rupee—a CBDC (central bank digital currency) during the current fiscal year. India attracted investments in blockchain and cryptocurrencies totaling $638 million over 48 fundraising rounds in 2021, according to Tracxn. In the first half of 2022, startups in the crypto and Web3 sectors have already closed 43 agreements totaling more than $1 billion in funding. India is looking at the indian market to lead the industry in terms of adoption of blockchain games and make a lot of users start playing out of playing cryptocurrencies and making a living of living of playing out with the blockchain. Source