A worker talks on his phone behind a glass partition displaying a bitcoin symbol in an office in Bangalore on November 23. Photo: AFP
A worker talks on his phone behind a glass partition displaying a bitcoin symbol in an office in Bangalore on November 23. Photo: AFP

Letters | Why India risks wasting cryptocurrency’s promise with regulation bill

  • Cryptocurrencies have found an eager audience in India, with tens of millions of investors piling nearly US$6.6 billion into digital assets
  • A proposed bill that could lead to regulation of digital currencies and associated assets runs the risk of hampering technological growth and development

Topic |   Digital currencies
A worker talks on his phone behind a glass partition displaying a bitcoin symbol in an office in Bangalore on November 23. Photo: AFP
A worker talks on his phone behind a glass partition displaying a bitcoin symbol in an office in Bangalore on November 23. Photo: AFP
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