Indian Politician Calls for Bitcoin Reserve Pilot as US, Bhutan Adopt Crypto Strategies
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 (BTC) 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.”
Crypto assets are taxed but unregulated in India
India’s crypto…