Business Standard

Why India needs to adopt crypto

A progressive regulatory framework will create a prosperous crypto ecosystem and expand financial inclusion in the country in a secure, simple, and transparent manner

Bitcoin
Premium

Bitcoin has a simple concept: It is a digital token with a finite supply that’s been around for 14 years.

Ashish Singhal
Investment, and not payment, is the most popular use case of crypto assets across the world. But, over the last decade, crypto has become much bigger than the asset class itself. It is the new Internet. Sample this: You go to any stock exchange today to buy 100 stocks. But nobody is selling. So, stock exchanges create market-making schemes to enhance the liquidity of a particular stock. People and companies drive this process through high-frequency trading. While a market maker can dictate the price, an automated market maker— powered by blockchain technology — are algorithms that provide liquidity through transparent
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