FAQ?
What is the government’s policy on cryptocurrencies?
A clear coherent policy strategy for the virtual digital currency ecosystem is still a work-in-progress. With the presentation of the 2022 Union Budget on the first day of February this year, Finance Minister Nirmala Sitharaman finally threw some light on the direction that the government would take on cryptocurrencies.
How many incidents of electoral violence took place in 2022 elections?
“In the assembly elections of 2022, a total of 33 incidents of electoral violence took place. Of these 28 incidents happened before polling days and five happened on polling days in which no person was seriously injured or died,” the police said.
Is it time to get off the sidelines of crypto lobbying?
The enthusiasm has been contagious. "There's so much investment, activity and scrutiny in the industry recently that a lot of firms are realizing it's time to get off the sidelines," said Eric Soufer, who launched a new fintech and crypto lobbying practice in January for Tusk Strategies.
What is the biggest problem with cryptocurrency?
The bigger problem with crypto is that it does not have a fundamental value as it is not backed by any sovereign body or institution, thus leaving no room for restitution. Crypto is primarily a speculative asset with no underlying value, and that raises the spectre of a bubble that can burst any time.