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Making Sense of India's New Crypto Rules

India's first concrete steps in acknowledging crypto may be here to stay, having spurred both excitement and confusion over whether the country is approving crypto as an asset.

India's finance minister announced the nation's new crypto rules during the annual budget speech earlier this month. (Robert Nickelsberg/Getty Images)
India's finance minister announced the nation's new crypto rules during the annual budget speech earlier this month. (Robert Nickelsberg/Getty Images)