Amidst expectations of a possible Bill in Parliament to prohibit trading in cryptocurrency, the crypto enthusiasts are not losing the hope.
WazirX CEO, Nischal Shetty on Crypto Ban
“The draft crypto Bill is very crude and an early draft version to be presented to Parliament. As an industry, we’ve been working towards positive regulation and we’re confident that our government will look towards regulating crypto in India like the rest of the world,” said Nischal Shetty, CEO and Founder of domestic cryptocurrency exchange, 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.