Bitcoin, the biggest cryptocurrency, hit a fresh record high of $48,687.34 on Friday as some of the world’s largest companies such as Twitter, BNY Mellon, and Mastercard have said they were looking to embrace cryptocurrencies.
“Around the world, the crypto adoption is picking up. Governments and tech giants around the globe are embracing crypto, and I’m confident that India will not stay behind. The government of India might be on the path to positive crypto regulations,” said Nischal Shetty, chief executive officer, WazirX.
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
