DeFi Tokens Are Becoming Quite Popular in India
Over the past few days, Live Bitcoin News has discussed the fact that India may be entering its second crypto lockdown. Many understand that their bitcoin can be taken from them should the country work to ensure digital trading becomes a thing of the past.
Ariel Zetlin-Jones – associate professor of economics at Carnegie Mellon University – explained in a recent interview: These tokens are gaining a lot of heat in India as many traders are now viewing them as the ultimate way to stay anonymous while remaining within the trading spectrum. The exchange has recently listed roughly 16 separate DeFi tokens, of which 12 have hit top trading positions over the past few months.
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here.What are your thoughts about this news? What do you think is the best reason why it is quite popular right now in India?