🇮🇳 India’s Bitcoin Crossroads: Will BTC Join Its National Reserves?
📰 Recent News:
According to a recent Cointelegraph report, India is at a potential turning point in its Bitcoin policy. There is growing debate around whether India should add Bitcoin to its national reserves, following the footsteps of countries like El Salvador.
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🔍 What’s Driving the Discussion?
Global adoption rising: More countries are exploring Bitcoin as a hedge against inflation.
Geopolitical pressures: BRICS nations are moving toward de-dollarization.
India’s tech-savvy population: Over 100 million Indians are already crypto-aware.
🚨 However, the Indian government remains cautious, focusing more on CBDCs (Digital Rupee) and strict tax regulations on crypto gains.
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💬 Expert Opinions:
Analysts suggest that adding BTC to reserves could:
Strengthen India's position in the global digital economy
Offer a non-correlated asset to traditional forex reserves
Signal openness to Web3 innovation
But risks like volatility, regulatory backlash, and central bank resistance remain.
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🔮 What Could Happen Next?
If India takes even a small step toward holding BTC in reserves:
It could trigger a wave of adoption across other Asian economies.
BTC’s global status as “digital gold” would get a massive credibility boost.
Price momentum could surge beyond current resistance levels.
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📌 Conclusion:
While nothing is confirmed yet, India’s growing crypto dialogue indicates a paradigm shift in policy thinking. The road ahead is uncertain — but for Bitcoin, even a hint of inclusion in India's national reserves could be explosive for market sentiment.
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