Brain Drain 2.0: India’s Bitcoin Pool is Drying Up, Thanks to Govt’s Financial Policies

New Delhi: India is on the verge of witnessing a major brain drain, again. Much like the mass exodus that took place during the internet boom, which saw Indian techies moving abroad for better opportunities, the Bitcoin community is shifting base because of the Centre’s regulatory clampdown.

The blockchain ecosystem consisting of developers, services providers, and other companies are moving to crypto-friendly destinations such as Thailand, Estonia and Switzerland among others. The migration has been triggered by various moves of the central government to ring-fence all things cryptocurrency in the country.

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