Home Currency India Gallops On The Crypto Front: Cryptocurrency And Regulation Of Official Digital Currency Bill 2021

India Gallops On The Crypto Front: Cryptocurrency And Regulation Of Official Digital Currency Bill 2021

by Naveen Agarwal
latoken

Crypto exchanges like LATOKEN, which are ensuring maximum benefits to investors from the blazing commerce.

The cryptocurrency juggernaut has left investors wanting for more, bagging huge profits in short term, thanks to crypto exchanges like LATOKEN, which are ensuring maximum benefits to investors from the blazing commerce.

The industry is capturing every investor’s attention, be it institutional, retail or somebody just looking to add to their asset portfolio. Blockchain, crypto mining, cryptocurrency exchanges, decentralized currency, decentralized apps, crypto wallets and proof of work- these words sound all too familiar to the new-age investors as the sector puts forth lucrative propositions.

The digital asset carries an underlying value and can be traded online for the exchange of goods and services. Though the advent of cryptocurrency did not come as a shock to the tech-savvy generations of today, but what caught there attention was the decentralization of this asset.

Digital currency has witnessed a massive uptick, since its appearance in 2009, especially in recent months. At present there are more than 10K cryptocurrencies globally and over 500 + crypto exchanges. LATOKEN app is one such reputable platform where users can easily venture into the crypto business. LATOKEN operates in a safe and secure environment and offers more than 500 cryptocurrencies to trade from.

The exchange is licensed to carry out crypto trade in India and Europe and is revolutionizing the real asset market by expanding their footprint globally. LATOKEN reviews shared by its users speaks volume about the company’s legitimacy and authenticity.

The industry today, is touching all-time highs with a market-cap of $2.3 trillion in May 2021. India has partaken the global phenomenon with over 1.5 crore investors joining the digital league. All though the nation currently does not administer any regulatory framework for cryptocurrencies and its trading, Finance Minister Nirmala Seetharaman said that the Parliament will be presented with the Cryptocurrency and regulation of Official Digital Currency Bill, 2021, in the upcoming monsoon session.

With more and more countries legalizing crypto trade it becomes all the more important for the availability of trusted crypto exchanges like LATOKEN, which protects users from surging scams and frauds in this domain.

 As many businesses have started accepting crypto in exchange of goods and services, LATOKEN exchange has made the entire process of buying cryptocurrencies simpler. The platforms allow you to directly buy cryptocurrencies using PhonePe, UPI, Mobiwik etc., at your convenience.

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