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Founders of cryptocurrency startups are optimistic on the future of this form of currency in india and believe the centre will not impose another ban.
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In what form cryptocurrency would be acceptable to indian lawmakers and regulators remains to be seen.
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What is the future of bitcoin and cryptocurrency in india? Technological innovations, including those underlying virtual currencies, have the potential to improve. Cryptocurrencies are virtual currencies, a digital asset that utilizes encryption to secure transactions. There are certain challenges from regulatory uncertainty to financial literacy, and redressal mechanisms that need to be tackled. Is aimed to measure the spread of cryptocurrency use to have a clear picture from the practical offer based method:
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