India's First Cryptocurrency & Blockchain Regulatory

Join the event to make the cryptocurrency market available for Indian Citizens providing GDP Growth, Foreign Investments, New Opportunities of Trade/Business/Education/Jobs. You can also participate in the making of cryptocurrency regulatory sandbox, link given at the end of the petition.

Cryptocurrency holds the potential for a complete transformation in almost every sector of the economy; ranging from trade to education and jobs. Streamlining cryptocurrency will also help in attracting global companies and investments, thereby resulting in an increased GDP. So, contribute your bit by signing this petition and helping in creating a conducive and regulated environment for cryptocurrency. You can also provide inputs for the suggested mechanism of the regulatory sandbox, for which the link is provided at the end of this even.

Many governments have expressed fear as there is no central authority to regulate the exchange of cryptocurrency. One method is by issuing  Central Bank Digital Currency (“CBDC”) which will be regulated and backed by the Indian government. CBDC would therefore have legitimacy and encourage the public to purchase/trade. It would have the ability to become mainstream (as it is backed by RBI) and help India become a cashless society. 

Many countries like Sweden, China, Singapore, Canada and Switzerland are working towards adopting this method.

For complete examples and references: CLICK HERE

You can Participate in cryptocurrency regulatory sandbox formation: CLICK HERE

Check the complete details Here!