India’s predicted move could have a very positive effect on the price of bitcoin as the nation is the world’s sixth-largest economy. This could open up a $10trillion economy to bitcoin investment and daily transactions. About the possibility of India following El Salvador’s lead, editor at Invezz, Jayson Derrick said: “Encouraging developments in the move towards greater adoption of bitcoin aren’t limited to poorer countries.
"India, a G20 member with a $10trillion economy, is reportedly close to classifying bitcoin as an asset class”.
Referring to the trajectory of mainstream adoption of the world’s preeminent cryptocurrency, bitcoin pioneer Max Keiser told Express.co.uk […]
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