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More than 90% of domestic cryptocurrency transactions, or over ?6 lakh crore, moved abroad.
India should not hesitate to regulate the cryptocurrency sector since it may lose out on innovation, talent, and value created through crypto transactions, especially since incoming US President Donald Trump is anticipated to issue administrative orders on the subject shortly and many other jurisdictions are taking a proactive stance. In an interview, CoinDCX CEO and co-founder Sumit Gupta tells Businessline. He also discusses the proposal to acquire the struggling cryptocurrency exchange WazirX. Quotes Read more »
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