WazirX Mentioned on Live Mint

By February 18, 2021No Comments

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 seeks to ban all private cryptocurrencies and also provides for the creation of a legislative framework on an official digital currency.

According to experts, a blanket ban would hit over eight million investors in India who own over $1 billion worth of cryptocurrencies. “Cryptocurrency is a sunrise sector employing thousands of people in India. The regulation is the need of the hour, but a ban will set our economy back by a decade,” said Nischal Shetty, chief executive officer of WazirX.


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