Digital assets gaining currency as regulators increase surveillance
Between 15 and 20 million people in India, Asia’s third-largest economy, own cryptocurrencies, according to industry body, the Blockchain and Crypto Assets Council. PHOTO | AFP
Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
Global market capitalisation for digital assets has remained fairly stable in the past month, ranging from $2.05 billion on February 17 to $2.04 billion on March 24.
This is despite plans by the US and India, the world’s largest crypto markets, to increase regulations targeting the market, showing resilience of crypto assets, which may force countries to embrace rather than ban them.
