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1 year ago

India Launches Bitcoin Policy Institute on 79th Independence Day

BPI India aims for financial freedom and economic independence through Bitcoin adoption.

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India Launches Bitcoin Policy Institute on 79th Independence Day
India Launches Bitcoin Policy Institute on 79th Independence Day

On its 79th Independence Day, India officially launched the Bitcoin Policy Institute (BPI India) to integrate Bitcoin into its economic strategy. Founder Mithilesh Kumar Jha highlighted that Bitcoin could shield India from global risks, lower payment costs, and convert renewable energy into digital wealth.

The institute released a white paper outlining state-level Bitcoin mining opportunities and introduced a “CFO Playbook” to guide companies in holding Bitcoin in their treasuries. The roadmap includes renewable energy-powered mining, providing policy data to governments, promoting Bitcoin as a treasury asset, enhancing financial literacy, and enabling fast, low-cost transactions.

These initiatives aim to strengthen India’s financial independence and position the country as a leader in the global digital economy.