Report from the currency industry:

Mudrex will provide Indian investors with US Bitcoin ETF.Mudrex will facilitate Blackrock, Fidelity, Franklin Templeton and Vanguard spot ETF.India's regulatory environment challenges the restrictions of Indian Reserve Bank.

The California -headed cryptocurrency investment platform Mudrex will completely change India's investment pattern to institutional investors and retail investors with an American spot Bitcoin Exchange Trading Fund (ETF).Jaipur Stock

Although facing regulatory challenges, this move marked an important milestone in the docking of global investment opportunities with the Indian market.

When Mudrex decided to provide access to the US spot Bitcoin ETF, India's cryptocurrency supervision environment still had differences.

Although the Indian Reserve Bank (RBI) has kept a cautious position in cryptocurrencies, the Intelligence Department of the Ministry of Finance has registered many Indian cryptocurrency service providers.Simla Stock

This two -point method highlights the complexity of the country's regulatory framework.

Mudrex registered a subsidiary in India and obtained a license in the EU. Its strategic position is to facilitate Indian investors' Bitcoin ETF transactions.Surat Investment

By using a strong banking relationship, the platform aims to simplify transactions under the Liberalization remittance plan (LRS). Users can realize the diversification of investment portfolios. The minimum investment volume is 5,000 US dollars per year, and the maximum limit is $ 250,000.

According to LRS, Indians can invest as much as $ 250,000 on overseas securities, including Bitcoin ETF.

Mudrex's platform enables investors to take advantage of this opportunity to provide a series of American spot ETFs from well -known companies such as Berlaide, Feda, Franklin Tempton and Pioneer.This is in line with the mission of the platform, that is, while observing the regulatory guidelines, it will realize the democratization of global investment opportunities.

The platform has more than 350 institutions in cooperation with Mudrex, and it is expected that investors will participate in large quantities.

About 20 institutions have begun to join, which shows that the Indian market has a greater demand for Bitcoin ETF.

In addition, the average number of bills of Mudrex is $ 110,000, and it is expected that the transaction volume will increase significantly, reflecting the increasing demand for diversified investment instruments.