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'Crypto Industry Too Big For Ban,' Says Neeraj Khandelwal of CoinDCX


February 25, 2021
Despite panic and speculation, people are still buying Bitcoins and other crypto-currencies a month after the government announced it would ban crypto-currencies in the country, says Neeraj Khandelwal, co-founder and chief technology officer, CoinDCX a leading crypto-currency exchange. In an interview with MediaNama, Khandelwal said that an outright ban on the industry and on crypto-investing would not go far to stop the growing acceptance and interest in crypto-currencies in the country.
A month ago, the government announced that it would introduce
The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which will ban “private” crypto-currencies while at the same time providing the Reserve Bank of India (RBI) with the requisite legal powers to develop a central bank-backed digital currency (CBDC), according to the official Lok Sabha Bulletin Part II for the Budget Session 2021 of Parliament. ....

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