India's Crypto Industry Has Great Expectations From the New Budget

India's Crypto Industry Has Great Expectations From the New Budget
India’s cryptocurrency ecosystem is eagerly hoping for a hint of regulation from the government come Feb. 1, 2022.India’s Finance Minister Nirmala Sitharaman will present the nation’s budget at the beginning of the month, considered the most important financial day of the year for the world’s largest democracy.The speech sets the financial tone for the year, indicates how government resources will be allocated, how taxes will be regulated, which welfare policies will be introduced to reduce wealth inequality, which sector will be aided to boost growth and most importantly, it reflects the government’s balance sheet and therefore tells the state of…