After SC order, India's cryptocurrency space is whirring back into action


Even as Coronavirus spread, with sectors such as retail, travel, aviation, realty and others hunkering down to face prolonged economic pain, the small club of cryptocurrency players stood out. They are hiring and are witnessing customers, particularly millennials, flocking in to buy virtual money.

judgment in favour of the currency could pave the way for the development of the ecosystem. Harish says: “Blockchain projects will come up even as people will be more aware and educated about cryptocurrencies.” Its value has been appreciated by the court. It’s up to the developers and regulators to create mechanisms that help masses gain from the currency.

SOURCE:ET


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