Indian crypto app developer Harshita Arora awarded amidst uncertainty

Indian crypto app developer Harshita Arora has been awarded by Prime Minister Narendra Modi amidst the country’s uncertain stand on the legitimacy of cryptocurrencies. She developed a crypto app for tracking price movements of various digital currencies. The Indian Supreme Court is currently hearing cases involving the legal status of cryptocurrencies.

PM acknowledged how Indian crypto app developer Harshita Arora shared a passion for technology, science, and societal welfare. She has been awarded the 2020 Bal Shakti Puraskar that is given to the youth in recognition of their contribution towards science, social service, sports, bravery, and scholastics. The award to the Indian crypto app developer has been conferred on the Eve of Republic Day on the 26th of January every year.

Indian crypto app developer Harshita Arora awarded Bal Shakti Puraskar 2020

Born on 2nd October 2001, Harshita Arora created the app ‘Crypto Price Tracker’ to help prevent crypto scams. It also helps manage the portfolio and track crypto prices live. Previously, she has developed a ‘Food AI’ app that can identify food through pictures. Another one of her applications, called ‘CellCount,’ helps count the number of cells in microscopic pictures.

India awards crypto app developer Harshita Arora amidst uncertainty d

The Indian crypto scene is getting murkier

The event of  Indian crypto app developer Harshita Arora being awarded by the Indian PM comes at a time when the country is still grappling with the cryptocurrency-related questions. The status of cryptocurrencies in India is quite complicated. The government has banned the circulation of every possible type of digital currencies.

The country’s Supreme Court hears pleas on the legal status of digital currencies and regarding their inopportune ban. Recently, the Reserve Bank of India clarified its stand on the issue by stating in the top court, stating that there’s no ban and a suitable review of the blanket ban must be performed at an appropriate time. In the coming months, the Supreme Court is set to hear more pleas in the landmark case that govern the crypto businesses in the country.

Additionally, Indian lawmakers have proposed a bill that will pave the way for banning the cryptocurrencies in the country. The bill titled ‘Banning of Cryptocurrency & Regulation of Official Digital Currencies’ was drafted in July 2019. The goal is to ban any digital currency, besides the official ones, and any trading activity associated with the same.

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