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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
Home/News/Bitcoin Investment and 7 Local Best Cryp…
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Bitcoin Investment and 7 Local Best Crypto Exchanges in India

There could be many who can argue that Satoshi Nakamoto invented Bitcoin. But the unknown/unfamiliar fact is India is the first country to fortify its integrity as a backup monetary system. To…

By Author
Published July 8, 2020 · 4 min read
bitcoin investment and 7 local

There could be many who can argue that Satoshi Nakamoto invented Bitcoin. But the unknown/unfamiliar fact is India is the first country to fortify its integrity as a backup monetary system. To recollect, in 2013, India dispersed Bitcoin as Wild West territory and put an end to black money exchange on illegal activities. Thus, without knowing that it was the right time, India made Bitcoin a perfect match for its political and economic conditions.

In 2019, over 500 merchants and India's five largest companies had initiated cryptocurrency as one of their payment methods. Dell is one of the five that started accepting crypto for payments. On one hand, the number of cryptocurrency users, especially Bitcoin, has been rising day by day.

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