Indian Government Leans Toward Calling Bitcoin an Asset

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TheMerkle India Bitcoin AssetThere seems to be a fair amount of uncertainty and misinformation regarding India’s stance on Bitcoin and cryptocurrencies. More specifically, a few news outlets have reported that the country would ban Bitcoin altogether. There’s no evidence to back up such claims right now. Moreover, the secretary of the country’s Department of Economic Affairs claims there will not be any regulation for at least another two months. The general outlook is rather positive, rather than negative. India has no Reason to ban Cryptocurrency It always makes for some good headlines to claim that another country will probably ban Bitcoin. Simply because they are actively working

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