The Indian government has decided to break the ice on the subject of crypto regulation in India. At a recent hearing in the Indian Parliament, a set of crypto related queries were sent to the Minister of Finance. The first question asked the Minister to clear his stance on the role of cryptocurrencies in the Indian economy and whether they were prohibited. In response, the Minister merely said, “No, Sir.” His answer was met with a sigh of relief by the digital assets space in the financially restrained South Asian country that had seen overburdened regulation. Another question directed to the Minister
