š®š³š¤ #Bitcoin as a National Strategic Reserve? India Enters the Chat.
A senior official from Indiaās ruling Bharatiya Janata Party (BJP), Pradeep Bhandari, has publicly urged policymakers to seriously consider Bitcoin as part of the countryās national reserve strategy.
šļø On June 26, Bhandari called for a balanced, forward-thinking approach, suggesting that even a small pilot program could:
⢠Strengthen Indiaās economy
⢠Align the country with evolving global financial trends
š He cited examples like the U.S. and Bhutan:
⢠Bhutan is using renewable energy for Bitcoin mining
⢠The country has increased its crypto holdings without direct market purchases
⢠This model could be adapted in India, which has rich renewable energy potential
āIndia has all the tools to follow this path,ā Bhandari said, ābut regulatory uncertainty is holding us back.ā
š He warned that lagging regulation puts India behind countries like the U.S., Russia, Brazil, and China, who are already building national crypto frameworks.
š” His message is clear:
Innovation and regulation must evolve together. Ignoring Bitcoin is no longer an option ā not for a nation looking to lead in digital finance.
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