By Admin 
Crypto currency: Most people in the country are still confused about cryptocurrency. Some consider it to be a future money, and someone considers it gambling. Meanwhile, a Union Minister of the Modi government has shocked everyone by revealing big investment in Crypto for the second consecutive time. Rashtriya Lok Dal President and Minister in Modi Cabinet, Jayant Chaudhary, has said in information about his annual property that he and his wife Charu Singh together have invested more than 43 lakh rupees in cryptocurrency.
After this revelation, questions have arisen in the minds of many people. For example, is investment in crypto a profitable deal and is it changing the attitude towards Crypto in India? So let’s know that Modi government minister Jayant Chaudhary in which a lot of money has been invested is a profitable deal.
This minister of Modi government has put a lot of money in crypto
Every year the details of the property of the ministers of the Modi government are published on the website of the Prime Minister’s Office. Due to this, Jayant Chaudhary and his wife have made public information about their property. The most important thing in this information is that he mentioned his investment in cryptocurrency. Jayant Chaudhary has declared a crypto investment of Rs 21.31 lakh. His wife Charu Singh has given information about crypto holdings worth Rs 22.41 lakh. Both have made it clear that this money has been invested with their personal savings. However, this is not the first time the minister has revealed investment in crypto. Last year too, he and his wife had informed about the investment, which has increased this time in 2024, Jayant had invested 17.9 lakhs and Charu had invested Rs 19 lakh in crypto. Now this investment has increased by 19 percent and 18 percent.
Is it a profitable deal to invest crypts?
Many people in India have been divided about cryptocurrency. Now it has become a big trend-seater moment. In such a situation, investing crypts can be a profitable deal. For example, investing at the right time in Crypto can give a huge return. At the same time, it is considered to be a future bright as digital assets, but this does not mean that everyone should invest in crypto as the fluctuations in crypto are very high, as well as there is no concrete regulation in India yet. The Government of India has not fully regulated Cryptocurrency. Apart from this, it is taxed and TDS is also deducted on every transaction.
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