Express
Expert Says Regulatory Uncertainty Encumbers Indian Banks To Enter The Crypto Industry
Summary: Indian banks are showing their interests in cryptocurrencies prudentially and skeptically due to the lack of regulatory clarity, as analyzed by Garrick Hileman—the head of research at blockchain.com. In the interview with Data Quest today, Hileman also hinted that blockchain.com doesn’t have a payment gateway in India. Although the Supreme Court ruled to rescind the ...
Indian banks are showing their interests in cryptocurrencies prudentially and skeptically due to the lack of regulatory clarity, as analyzed by Garrick Hileman—the head of research at blockchain.com.
In the interview with Data Quest today, Hileman also hinted that blockchain.com doesn’t have a payment gateway in India. Although the Supreme Court ruled to rescind the ban on the Reserve Bank of India, other regulatory entities do not wish crypto to be in the financial market.
By Lily Yang
Tags: Regulation
Link: Expert Says Regulatory Uncertainty Encumbers Indian Banks To Enter The Crypto Industry [Copy]
