Understanding Crypto Assets and Regulatory Approach in Indian

Abstract

The underlying technology, blockchain, and even less about its core components, cryptography, have received less attention. On the other hand, officials around the world who are cracking down the spread of this mystery paint a stark picture. This research attempts to evaluate the frenzy of contradictory messages coming from a very fanatic community led by a billionaire, against almost total crackdown from regulators across the globe. While doing so, the research attempts to discuss the inherent benefits and disadvantages surrounding cryptocurrency, giving a comparative view of regulations around the globe and ultimately looking at the Indian scenario.