Индиската влада започнува кампања за подигање на свеста за крипто

The government of India is launching a crypto awareness campaign that will educate investors about the legality of cryptocurrencies in the country while highlighting the risks of investing in crypto assets.

Indian Government’s Cryptocurrency Awareness Campaign

The Indian government is reportedly launching a first-of-its-kind crypto awareness campaign. It will be conducted by the Investor Protection and Education Fund Authority, a government body controlled by the Ministry of Corporate Affairs.

A government official was quoted by ET as saying:

Кампањата ќе нагласи дека криптовалутите не се легални во Индија и дека има и длабоки ризици поврзани со таквите средства. Секоја инвестиција каде што на луѓето им се ветува профитабилен и сигурен принос, постои елемент на висок ризик.

The government of India has been working on a crypto policy бидејќи 2019 but nothing has been финализиран. Indian Finance Minister Nirmala Sitharaman said the government plans to дискутираат crypto regulations with the G20 members.

The Indian central bank, the Reserve Bank of India (RBI), has long recommended a целосна забрана on all cryptocurrencies like bitcoin and ether, warning of their потенцијал to destabilize the country’s monetary and fiscal stability. RBI Governor Shaktikanta Das recently said the следната финансиска криза will come from cryptocurrencies if they are not prohibited. However, Sitharaman said both banning and regulating require меѓународна соработка да бидат ефективни.

Rajagopal Menon, vice president at Indian crypto exchange Wazirx, told The Hindu:

Cryptocurrency investing can be a complex and risky endeavor as the category is extremely volatile and works round the clock. It is important for potential investors to thoroughly educate themselves before making any decision.

However, some are concerned that the Indian government’s crypto campaign may paint cryptocurrencies in poor light, given that the Investor Protection and Education Fund Authority has conducted awareness campaigns on Ponzi schemes, chit funds, and dubious crowdfunding projects.

Vipul Kharbanda, a non-resident fellow at the Centre for Internet and Society (CIS), was quoted as saying:

If the government takes a heavy-handed approach and starts saying things like virtual currency is not legal in India, that will not be entirely true. People may presume incorrectly that it is illegal.

Both the Indian government and the central bank have said that cryptocurrency is not illegal in India.

Despite having no regulatory framework for cryptocurrency, the Indian government is taxing crypto income at 30% and has imposed a 1% tax deducted at source (TDS) on crypto transactions.

Do you think the Indian government’s crypto awareness campaign will help or hurt the crypto industry? Let us know in the comments section below.

Кевин Хелмс

Студент по австриска економија, Кевин го пронајде Bitcoin во 2011 година и оттогаш е евангелист. Неговите интереси лежат во безбедноста на Bitcoin, системите со отворен извор, мрежните ефекти и пресекот меѓу економијата и криптографијата.