Amid the ongoing battle in the Indian supreme court for regulating the usage of cryptocurrency between Reserve Bank of India and IAMAI, an eighteen-year-old girl came forward as a spark of positivity for the Indian crypto scene. The creator of a cryptocurrency price tracking app that saves the users from scammers, Crypto Price Tracker, has been chosen by Indian Prime Minister as the recipient of Bal Shakti Puraskar 2020 award.
There’s an ongoing supreme court battle between the central bank and cryptocurrency representatives of India over the RBI's circular back in 2018 which restraint banks form providing any kind of service to crypto service providers in the country.
In his tweet, the Indian prime minister, Narendra Modi wrote that he is very pleased that the “Crypto Pirce Tracker” app creator Harshita Arora has been granted the Bal Shakti Puraskar 2020. He added that her passion is clearly visible towards technology, science and human welfare.
I am delighted that the very talented Harshita Arora has been conferred the Bal Shakti Puraskar 2020!
She has been focussing on a wide range of sectors. Her passion towards science, technology and human welfare are clearly visible. pic.twitter.com/DgpZaXbViQ
Hashita Arora was chosen for this award because of her excellence in technological innovation. As per the Indian government, the Bal Shakti award is granted to those dedicated individuals as well as institutions, whose efforts add to the welfare of children and society of India.
Arora launched its crypto app in 2018 after which she recieved a lot of positive feedback as well as got many paid download in a day. After that, the Crypto Price Tracker became the #2 app of the App Store in the Finance category.
Crypto Price Tracker can track more than 1000 cryptocurrencies prices from 18 exchanges, and it also allows the users to turn on price alerts. The app is available for iOS devices in several areas of the world and is acquired by Redwood City Ventures. This event of Indian PM awarding the crypto price tracking app is seen as a signal of cryptocurrency support in India. However, it can be argued that the complicated cryptocurrency situation in India has nothing to do with the Arora’s award-winning.