Crypto exchanges see their new sign-ups dip amid uncertainty

Mumbai: There has been a dip in new sign-ups on cryptocurrency exchanges, as prospective investors seem to be hedging their bets till regulatory clarity emerges on the asset class.

New user sign-ups are a matrix used to value crypto companies.

Investors have become jittery after the government decided to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, in the upcoming Winter session of Parliament.