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?
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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