Cryptocurrencies are digital or virtual currencies that use encryption techniques to regulate the generation of units and verify transfer of funds, and operate independently of a central bank.
The Supreme Court of India recently struck down a ban on cryptocurrency trading in India, which was in place following a Reserve Bank of India order in April, 2018.
According to an industry executive, Indians traded roughly 2,500 bitcoins per day before the ban. With the lifting of the curbs, the number is expected to go up substantially.
Here’s a look at celebrities (international as well as Indian) who believe in the power of cryptocurrency and have invested big in this virtual currency.