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HomeRight Arrow Media CoverageRight Arrow In the NewsRight Arrow What crypto SOPs imply for digital currency users in India

What crypto SOPs imply for digital currency users in India

What crypto SOPs imply for digital currency users in India

Featured: Marc Despallieres, Chief Strategy & Trading Officer, Vantage


The initiation of SOPs will further help in constructing transparent policies, assuring the technology survives and not misutilised.

Lately, much has been going around in the market of digital currency. The incessant debates on cryptocurrencies are leaving global users in an abyss, where there are no explanations and only predictions.

Cryptocurrency holds a unique position in India. The country has the highest number of crypto owners in the world, with the US at a distant second. While individuals, especially millennials in India are showing keen interest in the same, the market has been facing much criticism over its not-so-good sides. No doubt, cryptocurrency has provided a secure and unique alternative to cash, but this secure aspect of digital currency has attracted hackers and theft as well. And since the currency is not backed by any hard asset, the whole concept of its value might seem confusing to some. 

Read the full article on Financial Express.