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India reconsiders complete cryptocurrency ban india's finance minister says the government will allow room for crypto experimentation.
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India's national government is now planning to propose a law that will ban cryptocurrency in the country.
India's national government is now planning to propose a law that will ban cryptocurrency in the country. Banks have to decide whether they will ban or support crypto transactions according to npci. Crypto trading platforms in india offer to. India traders rage as banks hold on to outdated crypto ban by coinquora. India regulators have decided to leave crypto ban decisions to individual banks. Chaudhary insists these cryptos only support illegal acts completed within the national territory. Indian government panel wants cryptocurrency holders jailed, but can't deny its tech has merits. The crypto ban law in india will be one of the strictest laws in the world if approved. Our clients are worried about the proposed legislation. The statement has given hope to the indian crypto community. It was all cloudy for the crypto investors until recently when the supreme court in 2020 quashed the ban on trading on virtual currencies. This has again legitimized crypto trading in the country. However the solution to ban cryptocurrency is not a good one.
