India’s crypto investors feel virtual coins are key to more jobs and economic revival

India’s crypto investors feel virtual coins are key to more jobs and economic revival

This could well be cryptocurrency’s moment in the sun in India. Three in four Indians with some understanding of virtual coins have invested in it, according to a survey by Paxful, a peer-to-peer bitcoin marketplace. This enthusiasm is despite the Indian government’s adverse stance and a nearly two-year ban imposed by the country’s central bank in April 2018 on the facilitation of cryptocurrency transactions by banks.