Highly Recommended Watch: Rs 370 Crore Crypto Assets Seized - Is Crypto India's Biggest Financial Threat? | Arnab Debates
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Rs 370 Crore Crypto Assets Seized - Is Crypto India's Biggest Financial Threat? | Arnab Debates
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Francisco Gimeno - BC Analyst India's relationship with crypto has been stormy during the last years. One reason is what is talked in this debate. There are too many scammers, there are too many people who have been scammed, and the government has taken steps to seize money which scammers got unlawfully in a moment when the country economy also suffers the same problems as the rest of the world with inflation and others. The government complains that crypto marketing in India is also not well controlled, so lies can be marketed as true making people to believe everything is fine. India's government is doing well by seizing money from the scammy projects, but we would prefer if there would be first an effort to educate and prepare people on the topic of crypto, digital economy, and second proper regulation which creates a safe environment where crypto companies and investors or users can meet, avoiding scammers and hackers