Explore the World's Best Ideas
Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.
With the announcement of Union Budget 2022, the proposed Section 115 BBH in Budget gave away a significant progressive and futuristic outlook of the government with respect to cryptocurrency in the country.
The focus on digital innovation while promoting Blockchain technology touched upon the key points that are supposedly meant to help the industry create sustainable growth. The first step in that direction came with classification of cryptocurrency as virtual digital assets. As per the Finance Bill, the term virtual digital assets includes both cryptocurrency and non-fungible tokens(NFTs) .
2
22 reads
The main question that arises is how does it impact a retail investor in crypto?
1
27 reads
India has the potential to become a crypto superpower, as it is emerging as one of the hottest internet markets in the world, with almost 750,000,000 users , and millions waiting to join the Great Internet Factory.
Blockchain data platform Chainanalysis, published a report ranking India second behind only Vietnam in the list of countries seeing the speediest growth in the realms of cryptocurrency adoption. With no official estimates of the current cryptocurrency users in the Indian market, the unofficial number is more than 20 million crypto investors.
1
18 reads
The donations to Ukraine in cryptocurrency have showcased the potential that these unregulated digital assets hold. With the ability to eschew bureaucratic red tape, crypto has safeguarded and funded the war from Ukraine’s side.
However, the counters in Russia, have alleged that legalization of cryptocurrency could save the country from the current dearth of funds and jumping the SWIFT ban that was imposed on the country.
With an untapped potential and still looking into the mainstream world, the journey to become acceptable around the globe, is still a long way to be walked upon.
1
22 reads
IDEAS CURATED BY
Learn more about crypto with this collection
Understanding the basics of cryptocurrency
How to store cryptocurrency securely
Risks and benefits of investing in cryptocurrency
Related collections
Similar ideas
9 ideas
How Is Cryptocurrency Taxed?
academy.binance.com
12 ideas
Top Cryptocurrency Myths
investopedia.com
15 ideas
Top Blockchain Companies in 2022
blockchain.works-hub.com
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates