BJP spokesperson Pradeep Bhandari urges India to launch a Bitcoin reserve pilot, highlighting the country's current policy of taxing but not regulating digital assets.

Key Takeaways

• Pradeep Bhandari of India’s BJP calls for a sovereign bitcoin reserve pilot.
• India currently taxes bitcoin at 30% but lacks clear regulatory frameworks.
• Other major nations are advancing bitcoin strategies without waiting for global consensus.

Pradeep Bhandari, spokesperson for India’s ruling Bharatiya Janata Party (BJP), has called on the Indian government to consider launching a bitcoin reserve pilot.

In an article for India Today, Bhandari argued that initiating such a program would be a strategic move for economic resilience, especially as global finance increasingly embraces bitcoin as a reserve asset.

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