An act of benevolence: how cryptocurrency investors are stepping in to help India in time of need – Economic Times

Concept by Sidhartha Shukla and Muhabit ul haq

The future of cryptocurrencies, an asset class that has created immense wealth for investors across the world, is uncertain in India. While the global cryptocurrency communitys eagerness to help India fight a deadly second wave of the pandemic is commendable, the regulatory environment in the country could be a stumbling block.

It all started with a tweet over the weekend.Cant take this sitting down anymore, I am going to run a Covid relief campaign Need help from the global crypto community. I will take full responsibility for transparency, funds usage, and regulatory compliance, Sandeep Nailwal, chief operations officer at Ethereum (ETH) scaling platform Polygon, tweeted on Saturday.Nailwals call for help from the global community came at an opportune time as

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Original post:
An act of benevolence: how cryptocurrency investors are stepping in to help India in time of need - Economic Times

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