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India Is Planning To Ban Cryptocurrencies

Liang CHE

Summary: According to the Economic Times, the Indian government is working on a draft bill that will impose a ban on cryptocurrencies such as Bitcoin, which will be a fatal blow to the future of the country's encryption industry. According to the report, the draft, entitled “Prohibition of cryptocurrency and regulation of the official digital currency ...

According to the Economic Times, the Indian government is working on a draft bill that will impose a ban on cryptocurrencies such as Bitcoin, which will be a fatal blow to the future of the country's encryption industry. According to the report, the draft, entitled “Prohibition of cryptocurrency and regulation of the official digital currency biil 2019”, has been distributed to a number of relevant government agencies.

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