Tuesday, March 11, 2025 | 12:00 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Cryptos should be seen as a public good

Elon Musk's $1.5 billion investment in bitcoin last week is testimony to the potential of the digital asset.

Image
Premium

Sumit Gupta
Cryptocurrencies and global regulatory bodies have had a “Will they, won’t they” from the time of bitcoin’s inception. From initial distrust and contempt from global regulators to curiosity, to a gradual, cautious acceptance, things have come a long way since 2012. In the United States, the bull run of 2017 was the watershed moment, when the Securities and Exchange Commission and the Commodity Futures Trading Commission began taking an active interest in cryptocurrencies and initial coin offerings. A little under $1 billion of that amount went into two crypto-based startups, the sheer volume of which was enough to pique the
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in