Trump’s 2024 Win: What it means for Indian crypto investors

The 2024 U.S. Presidential election victory of Donald Trump has re-ignited global discussions about the future of cryptocurrency, particularly among investors. Trump’s past ambivalence toward crypto has given way to a more favorable stance, especially with the appointment of tech mogul Elon Musk to head the Department of Government Efficiency (DOGE). For Indian crypto investors, this shift in leadership could be highly consequential.

Given the volatile nature of the crypto market, where external factors such as U.S. regulations play a critical role, Trump’s administration is poised to introduce regulatory frameworks that could reverberate across the globe. As India’s crypto sector faces uncertainty due to high taxes and regulatory…

Source link