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Bitcoin trades at over 3% discount in India after government lists a crypto bill in Parliament for discussion
Bitcoin and other cryptocurrencies are trading at a discount in India after the country's government listed a crypto bill in Parliament for discussion yesterday. At the time of writing, bitcoin at WazirX is trading at around 40,90,000 Indian rupees (around $54,900) compared to $56,750 on Binance — a difference of over 3%, which is significant. The discount was over 5% last night and earlier this morning on various Indian crypto exchanges, but it appears to be narrowing now. Some users are panic-selling their crypto holdings after the Lok Sabha — the lower house of India's bicameral Parliament — published a ... (full story)