Indian politician calls for Bitcoin reserve pilot as US embraces BTC
Pradeep Bhandari, spokesperson for India’s ruling BJP party, called for a Bitcoin reserve pilot and clarity on the country’s “taxed but unregulated” approach to crypto.
The national spokesperson for India’s ruling party called on the country to consider launching a Bitcoin reserve pilot, saying that it would be a strategic step toward economic resilience.
In an article for India Today, Bharatiya Janata Party (BJP) spokesperson Pradeep Bhandari said the US strategic Bitcoin
$107,123
reserve and Bhutan’s state-led mining operations signal that global finance is shifting toward crypto.
He added that India, with an expanding renewable energy infrastructure, is positioned to create a sovereign Bitcoin strategy.
“This isn’t a reckless pivot,” Bhandari wrote. “It’s a calculated step toward embracing digital assets’ legitimacy.”