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India’s Ban On Cryptocurrency: Several Crypto Proponents Ready To Hold Talks With Indian Regulators

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Brenda Ngari

The Inter-Ministerial Committee (IMC) released a report and a draft bill proposing a total ban on cryptocurrency and the harsh measures to be taken on any Indian citizen who holds, sells or buys cryptocurrency.

Eventually, Is India Banning Cryptocurrency?

This comes after months of confusion as the crypto community is still in the dark about India’s stance on bitcoin and cryptocurrency. On July 15th, an unverified document was published revealing a supposed draft bill titled “Banning of Cryptocurrency & Regulation of Official Digital Assets”. According to this Act, no person is allowed to handle cryptocurrency in any way. ...

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