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Cryptocurrency Prices Today: Crypto Prices Crash After Government Announces Ban On Private Crypto Coins In Winter Session's Bill
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ndtv.comHours after the government announced that it will introduce the cryptocurrency bill in the Parliament's winter session, which seeks to prohibit all private cryptocurrencies in the country, all crypto prices crashed by 15 per cent and more.
As of 11:45 PM on November 23, all major cryptocurrencies saw a fall of around 15 per cent and more, with Bitcoin down by around 17 percent, Ethereum fell by 15 per cent, and Tether down by almost 18 per cent.
The Cryptocurrency and Regulation of Official Digital Currency Bill 2021 seeks to create a facilitative framework for the creation of an official digital currency to be issued by the Reserve Bank of India (RBI). The bill seeks to ban all private cryptocurrencies in the country, but will allow
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