The proposed ban on private cryptocurrencies in India had triggered panic selling by investors in the last week of November. However, Twitter influencers and Redditors are of the opinion that India may not go for a blanket ban on cryptocurrency as apprehended by majority of the investors in the country but keep a conducive and regulated environment, according to the Social Media Analytics Platform of GlobalData, a leading data and analytics company.
GlobalData’s Social Media Analytics Platform identifies and tracks the emerging trends, pain areas, new fields of innovation among discussions of Twitter influencers and Redditors.
Smitarani Tripathy, Influencer Analyst at GlobalData, comments: “Social media conversations around crypto in India context surged by 40% in the last week of November compared to the previous week, following the government’s decision to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the upcoming winter session of Parliament.”
Below are a few most popular tweets captured by GlobalData’s Social Media Analytics Platform:
1. CS Jigar Shah, Founder Partner at JMJA & Associates LLP:
“I don't think, BAN is coming.. India will adopt Crypto with regulations..Now only challenge is the way Babu's will understand and regulate it.. but complete ban is unlikely now.”
2. Ajeet Khurana, Advisor, and former CEO at Zebpay:
“Despite the price-bloodbath today, and the prospect of more FUD (fear, uncertainty, and doubt), my GUESS is that we are not in for a "banning." Despite stringent controls coming in, the crypto industry in India will eventually see a more enabling policy framework eventually.”
3. Lavanya Mohan, Freelance Writer:
“India’s crypto end game increasingly looks like it will mirror China’s - bringing in a digital rupee that employs blockchain while prohibiting private currencies. Hope some middle ground can be achieved!”
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Bengaluru, October 10, 2023 IN-SPACe (Indian National Space Promotion and
New Delhi, October 3, India- Philips India announces an exciting co
Jaipur, 18 April: Students of Jaipur have recently shown their remarkable achievement in the UPSC Civil Services Examination-
· Technopark-based Lifology holds conversation on IER 2024
Thiru
The New MOTIV Mix™ Interface Simplifies Audio Workflow and Ensures Perfect Recordings, Every Time
<
Business / 18-04-2024
STUDENTS OF JAIPUR'S JAYSHREE PERIWAL HIGH SCHOOL BRING LAURELS TO SCHOOL IN UPSCBusiness / 18-04-2024
India Employment Report pitches for policy to promote jobsBusiness / 18-04-2024
The EMAK Festoon Silent Heroes Awards-24 Concludes at Le Méridien, KochiBusiness / 18-04-2024
Axis AMC elevates R Sivakumar to Head of Corporate StrategyBusiness / 18-04-2024
Celebrate Baby Massage Day with Johnson's Baby Oil: The Perfect Choice to help nourish your little one’s skin from day 1Pelikken © Copyright 2022, All Rights Reserved
