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Panic laced with optimism grips investors as House sets table for Crypto Bill
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“I want to understand the possible effects of the new regulations coming in. When the government says outlaw all private cryptocurrencies in India, does it include the likes of bitcoin, polygon, ethereum etc?” a crypto user shared her anxiety on a Telegram channel.
The anxiety found an echo in another voice. “I think they’ll allow network utility coins like ethereum, MATIC, NEAR etc. Also others might be put under heavy taxation volumes, and the ones with heavy trading volumes will be banned,” shared another user.
These crypto-focused Telegram channels were swamped with concerns last evening from crypto users after a government notification said that the long-awaited Cryptocurrency Bill was set to be tabled in the Winter Session of
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Cabinet may discuss Crypto Bill this week economictimes.indiatimes.com /2 years ago
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