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CoinDCX CEO Requested the Indian Government to Regulate Crypto Assets as a Store of Value

Amy Liu

Summary: Sumit Gupta, CEO of Indian cryptocurrency exchange CoinDCX, said that he hopes that the Indian government will regulate crypto assets “as a store of value and not as another currency,” instead of banning it altogether. In response to India's possible bill banning private cryptocurrencies, CoinDCX officials said they would try their best to protect users' ...

Sumit Gupta, CEO of Indian cryptocurrency exchange CoinDCX, said that he hopes that the Indian government will regulate crypto assets “as a store of value and not as another currency,” instead of banning it altogether. In response to India's possible bill banning private cryptocurrencies, CoinDCX officials said they would try their best to protect users' funds.

By Amy Liu

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