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5 Reasons Why Cryptocurrency Regulation Is Important
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ndtv.comThere is a need to regulate cryptocurrency keeping in mind the investors' interests
The Indian government is planning to introduce a bill during the ongoing winter session of Parliament to classify cryptocurrencies as financial assets while protecting the interests of small investors. In all likelihood, the bill may set a minimum amount to invest in cryptocurrencies, while prohibiting their use as legal tender or currency substitutes. The bill also proposes to lay the groundwork for the creation of the official digital currency to be issued by the Reserve Bank of India (RBI) and regulated under the RBI act, according to a report in NDTV.
From the standpoint of investors, cryptocurrency regulation is quite important. With the right kind of
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