Nayagarh,(Baghuabarta): Buoyed by the launch of Bitcoin futures Exchange-Traded Fund (ETF) in the US a day ago, prices of the cryptocurrency surged by over 7% to breach $66,000-mark on Wednesday. Cryptocurrency players in India see the development as a big validation for crypto-currency, and they hope that other countries may also follow on the footstep of the US. In India, cryptocurrency exchanges see this as a possible trigger for softening of the government and regulator’s stance towards digital currencies. Nischal Shetty, CEO of cryptocurrency exchange WazirX, says that the move would increase investor confidence in cryptocurrencies as well as make regulators across the world have a relook at their stance against it.
Bitcoin ETF in US a big validation, say Indian cryptocurrency exchanges
