Categories: Bitcoin

Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups

By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry. NASSCOM, which represents the $154 billion Indian IT sector and is a powerful voice in the industry, is calling for the RBI to include crypto in its so-called ‘Draft Enabling Framework for Regulatory Sandbox’ after they shunned its inclusion in the official document on the framework, and excluded cryptocurrency, crypto trading and ICOs from testing. Bitcoin inclusion A NASSCOM spokesperson said including crypto in the framework

The post Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups appeared first on CCN

bitcoinminer

Share
Published by
bitcoinminer

Recent Posts

Steven Cohen’s Point72 Also an Owner of Bitcoin Via Spot ETFs

Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets,…

47 mins ago

Steven Cohen’s Point72 Also an Owner of Bitcoin Via Spot ETFs

Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets,…

2 hours ago

Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program

Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups,…

3 hours ago

Steven Cohen’s Point72 Also an Owner of Bitcoin Via Spot ETFs

Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets,…

3 hours ago

Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’

Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF…

5 hours ago

Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher

Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the…

5 hours ago