Singapore, July 5 (ANI): India's conservative position on not encouraging Crypto Currency is being rapidly vindicated by the negative experiences of various Crypto funds with the latest being Singapore's Three Arrows crypto fund. Experts say that India correctly predicted the adverse economic headwinds and perhaps saved a lot of people from economic ruin.
Singapore, July 4 (ANI): Last week, Singapore-based crypto hedge fund, Three Arrows Capital (3AC), was reported by various media sources to be in trouble. It is one of the high-profile crypto investment firms that has run into difficulties recently as the crypto market valuation plunged. It has fallen by about a third since it hit its peak sometime in November last year.