The Daily Leo | India Banning Crypto?

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India Banning Crypto?

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India is one of the countries where things have not been good for crypto and there have been multiple scenarios when a crypto ban was in the news. Once again crypto ban is in the news and it seems more of a rumour than the real news. This year Indian govt has given FIU licenses to 2 international exchnages and its hard to believe that they will ban crypto now. There has been no official update about it and we should not rely on the media as they have been doing it for a long


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The US is going through elections and this is the time when both candidates are trying to get more support from people in the US. They are showing more interest in different industries and crypto is also one of them. It will be interesting to see how this trend goes post-election in the country and how things take shape when results are out and we know who has won and is in power

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For the first time in US elections, crypto has become a popular topic to discuss and Trump is trying to show that he is a crypto pro but Kamala Harris is also not behind. In some of the events, she has also mentioned that she is supporting digital assets. Recently Ripple CEO has also talked about Kamala and her support for digital assets

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Microstrategy has been a big-time investor in Bitcoin and looks like many other companies are also exploring this. There is a proposal that the Microsoft board is going through and its about investing in Bitcoin. If it gets a green signal then surely this will impact the crypto market significantly. If Microsoft chooses to invest in Bitcoin then it may bring other major tech players like Apple, Amazon, and Nvidia also in future


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