Head of RSS urged India’s government to make crypto friendly policies

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Rashtriya Swayamsevak Sangh urged the Indian government to make the rules and regulations over the digital assets space in favour of the society’s interest.

In the present time, Crypto Adoption in India is at tremendous level but there are many things, which are part of the concern of Crypto Investors of India. Due to the absence of better rules and regulations to provide clarity on the crypto regulation, crypto Investors are skeptical about the Investment in crypto. But from time to time many government officials claim that India will make better rules over other crypto friendly countries, while India can’t follow El Salvador to adopt Bitcoin as legal tender.

Read also: Indian people wants to understand crypto : Survey

Last day, India celebrated the Dushehara festival. In speaking on the occasion of the Dussehra festival, RSS chief Mohan Bhagwat added his request to the government of India to make the crypto ban rumours get out from the country.

Through the speech, Mohan said that he requests that the Indian government pursue crypto regulations “in the larger interest of society.”

Here the statement of Mohan as a chief of RSS seems not an influential statement but in actual there’s one thing that should be noted here. 

It is believed that Rashtriya Swayamsevak Sangh (RSS) is an affiliated group of the Democratic Political Party Bharatiya Janata party ( BJP). 

As, BJP is a ruling party of India, which has major support and also running Govt of India since 9 years. And also Prime Minister of India is a leader of BJP, who loves Digital technology and adoption. So there are huge chances that urged request of RSS chief’s request will reach the BJP ( ruling party) to bring legislation on crypto space, so that people can invest in crypto without any fear. 

Read also: CFTC fines $42.5M on Tether and Bitfinex combined