Officials of Central Bank of China talked about the regulation, including NFT Meta Universe, focus on cracking down money laundering. He mentioned exploring the regulatory sandbox. He said crypto should abandon the illusion of anarchy and decentralization. https://t.co/Tx9X2TyUiy
The term Private Cryptocurrency is an incorrect term to use
Is Gold a private asset?
Is Open Source software a private software?
We need to work on getting these wrong definitions erased
It will take time but there’s a greater understanding of Crypto in India today ✌️
[NEW POST] 10 Epic Bitcoin Mining Photos
Bitcoin miners around the world spend time, money, and energy to secure the strongest computing network in the world.
Here are some awesome photos of their work.
https://t.co/8dfzQ8YBW3
Dear shibes, stay away from those in crypto promising eternal cycles of growth, pushing towards risky behavior, towards progressively more dangerous "gambling".
Crypto is fun, but risky. Gamble pocket money on it. Do not bet farm money, life savings, or student loans (!?). #DOGE
Being a thriving contributor in the #crypto sector, I can hardly wait for the regulations to come through.
The entire ecosystem has the potential to grow by 100x once regulations are in place.
I just got off with a call with a few high-level officials from MoF.
There is no complete ban, but the direction is to regulate crypto in line with FATF guidelines.
Crypto will be just assets class regulated by SEBI. Exchanges will need licences—all positive notes.