Good news for cryptocurrency lovers in India

In the recent times India has emerged as one of the strong cryptocurrency market, thanks to increased adoption among the people in the past few months which has influenced the government to consider regulate this industry.

The Indian government has set up a committee to examine the type of regulations that might be required to check the use of cryptocurrencies within the country. The time line has not been set for the outcome and may experts also believe Bitcoin may not gain a legal status within the country anytime soon. But its a start never the less.

The government may decided to join the likes of Japan and maybe even Russia as the Eurasian nation is currently planning to make the digital currency legal within its boundaries.

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