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India Ban Cryptocurrency

India Ban Cryptocurrency. They are thinking of ways to protect or liquidate their holdings. If passed, the cryptocurrency and regulation of.

India To Propose Cryptocurrency Ban Penalising Miners Traders Source Reuters
India To Propose Cryptocurrency Ban Penalising Miners Traders Source Reuters from cloudfront-us-east-2.images.arcpublishing.com
India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told reuters. Just like you cannot ban porn, you cannot ban cryptocurrency, ratan sharda, author, editor, and tv panelist, said last year. While news of the likely ban could disappoint cryptocurrency fans, companies remain cautiously optimistic. India is trying to implement a new ban on cryptocurrencies. If passed, the cryptocurrency and regulation of.

India's central bank says financial institutions can no longer deal with entities that trade in bitcoin.

According to an official bulletin published by according to the lok sabha bulletin, the legislation by the name of cryptocurrency and regulation. The indian government is said to be levying a complete ban on cryptocurrency investment. Banning 'cryptocurrencies, better termed crypto assets, would also stop investment in companies that use crypto tokens to power their technology. The indian government has not categorically stated why it is banning cryptocurrencies. India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told reuters. Just like when india banned chinese apps in name of security but then few days later, joined five and india just scored a big well executed mistake, cryptocurrencies would save them in case os.

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