Want to create an interactive transcript for this episode?
Podcast: My Startup Podcast
Episode: El Salvador , first country to make bitcoin legal tender
Description: Indiaβs largest public sector lender, State Bank of India has joined a slew of investors including Apis Partners, Smilegate and Y Combinator by investing an undisclosed amount in Cashfree. Cashfree is a Bengaluru based digital payments firm.According to a leading English daily, India may classify Bitcoin as an asset class . The Securities and Exchange Board of India will oversee the regulations for the cryptocurrency sector once Bitcoin is classified as an asset class.The Enforcement Directorate has issued a show cause notice to Indian Cryptocurrency exchange platform WazirX for violating the Foreign Exchange Management Act, 1999. It involves tr...