Bitcoin, Ether and NFTs will 'never become legal tender' in India, says Finance Secretary
"You can buy gold, diamond, crypto, but that will have not have the value authorization by government," said T.V. Somanathan.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
"You can buy gold, diamond, crypto, but that will have not have the value authorization by government," said T.V. Somanathan.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Elon Musk Grok AI Predicts Ethereum Will Hit This Price by End of 2026
Grok AI predicts a massive breakout for Ethereum, and this price prediction sets the bar unusually high. The bull case runs to $6,...
Bitcoin And Ethereum Edge Higher As Traders Watch Altcoin Rotation
Bitcoin and Ethereum edged higher into July 31, while a small shift in market dominance suggested traders were again watching whet...
Ethereum Turns 11 With $148B Stablecoin Base But Cooler Mainnet Fees
Ethereum has turned 11, and the network’s birthday arrives with a very Ethereum-style contradiction: it is still one of the most i...
Tether expands Treasury and gold holdings in strong second quarter
Tether's growth highlights the increasing reliance on stablecoins in emerging markets, raising questions about financial stability...
Tether reports $1.5 billion Q2 profit and boosts gold reserves
Tether's robust Q2 profit and increased gold reserves highlight its strategic resilience, potentially strengthening its market dom...
Tether Reports $1.5B Q2 Profit as USDT Supply Grows, Gold Holdings Rise
The latest attestation offers a snapshot of the assets backing the world's largest stablecoin, including U.S. Treasuries, repo agr...