Too Long; Didn't Read
India is among the few countries in the world that has seemingly no idea what to do with cryptocurrencies. While some countries like China have completely banned cryptocurrencies, many others like Japan, Thailand and Malta are becoming the launchpad for new blockchain and cryptocurrency startups. The Indian government, due to part ignorance and part lack of prioritization, has never given this nascent asset class the attention that it deserves. This existing regulatory gap is leading to cryptocurrency scams, brain drain and the risk of getting left behind in a revolution where other countries are miles ahead.