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Is it really possible to completely ban Cryptocurrency in India? Check experiences from other countries
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Cryptocurrency Bill 2021: The Central Government is going to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 during the ongoing Winter Session of Parliament. There have been speculations in past that the Government may completely ban cryptocurrencies in India. However, several reports recently claimed official sources as saying that the Government may allow trading and investing in cryptocurrencies with certain restrictions.
Crypto experts say that it won’t be possible to completely ban cryptocurrencies. However, the government may ban or put restrictions on trading in crypto and its use as a means of exchange or payments. “Cryptocurrencies exist on the blockchain that has no single entity controlling it.
Read more on financialexpress.comAbout this in other media
Mukesh Ambani Backs Blockchain Technology. Find Out Why ndtv.com /3 years ago
Indian Crypto Bill To Regulate, Not Ban 'Private Cryptocurrencies' - Report cryptonews.com /3 years ago
Difficult To Ban Cryptos Outright, Says Cryptocurrency Expert ndtv.com /3 years ago
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