| The murky waters of cryptocurrency legality in India have once again surfaced in public discourse, this time with political undertones. Allegations against Congress’s Maharashtra president Nana Patole and NCP (SP)’s Supriya Sule of purported involvement in “illegal bitcoin activities” to fund their poll campaigns have reignited debates on the legality, regulation, and risks associated with cryptocurrencies in India. This controversy highlights the pressing need for clarity and stricter governance of the crypto space.
India’s stance on cryptocurrency has been marked by ambiguity and caution. The Reserve Bank of India (RBI) has consistently maintained a skeptical approach, expressing concern |