‘Crypto is Harmless,’ Says Indian IT Minister Rajeev Chandrasekhar By CoinEdition

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‘Crypto is Harmless,’ Says Indian IT Minister Rajeev Chandrasekhar

Cryptocurrency Jan 20, 2023 09:00AM ET

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‘Crypto is Harmless,’ Says Indian IT Minister Rajeev Chandrasekhar

Indian Minister Rajeev Chandrasekhar addressed the ITech Law International Conference 2023.

Chandrasekhar claims cryptocurrencies are harmless if the users adhere to the rules and regulations of crypto.

The minister added that India would one day lead the blockchain industry.

Rajeev Chandrasekhar, the Indian Minister of State for Electronics and Information Technology and Skill Development and Entrepreneurship addressed the gathering at the ITech Law International Conference 2023 held in Bengaluru, India. He shared his opinions on the goodness of crypto commenting that crypto is harmless if the laws are implemented and followed correctly, contradicting the central bank’s position to ban crypto.

Previously, at the Banking and Economy Summit in Mumbai, the RBI Governor Shaktikanta Das opinioned on behalf of the RBI, that the crypto trade, which is equivalent to “gambling”, should be banned:

Anything whose valuation is dependent entirely on make-believe is nothing but 100% speculation, ...
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‘Crypto is Harmless,’ Says Indian IT Minister Rajeev Chandrasekhar

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