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Venture Capitalists Backing Indian Crypto Businesses Keep The Faith
VC firms that bet on India’s crypto find themselves facing the same dilemma for a second time in three years.
15 Feb 2021, 03:23 PM IST
Venture capital firms that backed Indian businesses built around cryptocurrencies find themselves torn between a potential growth opportunity and regulatory uncertainty that could wipe out their investments. Investors faced this dilemma in 2018 and are now staring at it once again as the government re-considers a ban on virtual currencies.“If the government does go ahead with a complete ban on cryptocurrency we will be back to the st...
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