India Plans to Introduce Law to Ban Cryptocurrency Trading, says Bloomberg…Again!

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According to a new report by Bloomberg, the Indian government is all set to ban cryptocurrencies. While many reports about a possible crypto ban have been published before, the newest report by Bloomberg says that the draft cryptocurrency banning bill is expected to be discussed by the federal cabinet soon before it is sent to parliament. Interestingly, the cryptocurrency ban bill is not on the original agenda for the Monsoon session of the Indian Parliament which began recently. Will the government finally ban crypto or is it yet another attempt at creating FUD?

References:

India Plans to Introduce Law to Ban Cryptocurrency Trading: https://www.bloomberg.com/news/articles/2020-09-15/india-plans-to-introduce-law-to-ban-trading-in-cryptocurrency

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Comments

SD TECH says:

I have 10k cripto currency but country is First ❤️

Rohit Bagellu says:

Useless system. Is desh main garreb ko gareeb hi rehna hoga. Reason.. Anpad logon ke hath main satta de rakha hai humne. Bs politics

ved nigam says:

Blockchain without crpto 😂😂😂

Jorge Campos says:

I just got into this

Md AsGaR RaHmAnI says:

Indian #Gov always new #Tech ko der se hi #Adopt kiya h,is bar v yhi hona h…qki #Gov always #Corrupt rhi h,chahe #Congress or #Bjp
Kuch nhi ho skta h apbe desh ka….#Gov #Tax lene ko ready h but #Loss ko recover krne me v help kre but aisa nhi kregi hmari #Gov ..
#IndiaWantsCrypto..🙏

It's SAMi says:

It must not be ban otherwise it will be problematic

Well Wisher says:

Dear Utuber jbtk Government officially Declared na kre tbtk tum log bilkul b ki VDO na bnaye Crypto pr, BCS Blomberg pehle hi logo ki fadne ki Kam krte Aya he & usme tum bhi koi kasar nhi chhodte.. so pls don't make VDO Before Officially Declare from Government…..Tx

clint rodricks says:

Fyi – Bloomberg quint released another article today on toyota cutting down production for India, that came out to be fake.

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