On the occasion of India’s 79th Independence Day, as the nation commemorated its political freedom, a significant development took place in the realm of cryptocurrency, one that is centered around financial freedom. The Bitcoin Policy Institute of India (BPI India) was officially launched at midnight on August 15, 2025, with a vision to make Bitcoin a pivotal element of India’s economic trajectory.
The inception of BPI India heralds a new economic strategy for the country. In a recent tweet, the Bitcoin Policy Institute India (BPI) emphasized the importance of achieving “financial freedom,” where India can steer its economy independently without being reliant on other nations. The primary goal of BPI India is to bridge the gap between Bitcoin technology and Indian policymakers by providing research, education, and guidance. The overarching objective is to empower India not only to participate in the evolving global economy but also to emerge as a frontrunner in it.
Mithilesh Kumar Jha, one of the founders of BPI India, articulates that Bitcoin has the potential to shield India from global political uncertainties, reduce transaction costs, and transform the country’s renewable energy resources into digital assets, a concept that is gaining traction in numerous developing nations.
BPI India has kickstarted its journey by releasing a white paper on state-level Bitcoin mining prospects. Additionally, the institute is in the process of crafting a “CFO Playbook” to assist Indian companies in incorporating Bitcoin into their corporate treasuries. Furthermore, BPI India’s strategic roadmap encompasses five key areas aimed at fostering Bitcoin adoption nationwide, thereby facilitating governments and businesses in integrating Bitcoin securely and strategically.
The five focal points of BPI India’s plan include utilizing renewable energy for Bitcoin mining, furnishing governments with transparent policy frameworks, advocating for Bitcoin as a treasury asset, educating the populace on Bitcoin and financial literacy, and facilitating swift, cost-effective transactions for enterprises and individuals. These initiatives are designed to fortify India’s financial independence and enhance the self-reliance of its economy.
Amidst a surge in the global market, Bitcoin’s price has been on an upward trajectory, buoyed by increasing liquidity. The prospect of impending U.S. rate cuts in September and October has rendered riskier assets like Bitcoin more appealing. This trend bodes well for Indian investors, especially as global crypto adoption gains momentum and the local market becomes more amenable to digital assets.
As of the latest update, Bitcoin is currently trading at approximately $119, reflecting a marginal 2% decline within the last 24 hours. The evolving landscape of cryptocurrency, coupled with the launch of BPI India, signifies a paradigm shift towards financial autonomy and innovation in India’s economic landscape.