Analyst: 2024 Indian elections are not expected to have an immediate impact on cryptocurrency policy

Golden Finance reports that the 2024 Indian general election is not expected to have an immediate impact on cryptocurrency policy. Its current restrictive rules are expected to continue to be implemented during the upcoming parliamentary term, and the election results are expected to be announced on June 4, 2024. Several industry analysts told CoinDesk that no changes in cryptocurrency policy are expected after the next session of lawmakers are elected, which would lead to the continuation of rules that have stifled the country’s digital asset ecosystem in the short term.