Express

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

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 14 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 15 days ago
  • You need to login to comment.