Miracles happens : India Ready To Regulate Crypto

in #steemit6 years ago

In previous months most of the people loses their hopes and thought that india will Ban cryptocurrencies .

But a recent statement from Secretary of Department of Economic Affairs - Mr. Subhash Chandra Garg Said that Indian govt. has been prepairing a draft to regulate crypto in some way .
Statement of Mr. Garg - We are fairly close to developing a kind of template which we think might be in the best interest of our country. We have prepared a draft which we intend to discuss with the committee members in the first week of July.
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The petition filled by advocate Karuna singh kohli is accepted by supreme court and now the hearing will be on 3rd july instead of 6 july .

This type of news has created positivity in market for cryptocurrencies and effect of this we all can see in Bitcoin that has touched around 5800 - 5900 $ but after coming of this news Now Btc recovering and price is around 6200 $

For indian crypto lovers its a miracle done by govt.

At last i will say that its great step taken by indian govt. to regulate crypto currencies . This will helpful to government also as it makes a digital economy and also through blockchain technology everything will become transparent