Crypto News Today : Alternate Plan If Crypto Banned in India?

Crypto News Today : Alternate Plan If Crypto Banned in India?

Crypto News Today : Alternate Plan If Crypto Banned in India?




  • Indian Government recently announced that new bill on regulating Crytocurrencies and banning Private Crytocurrencies will be introduced in the upcoming winter session of the Parliament. 
  • Also, Informed that there will be some exception to allow basic technolgies. This resulted Crytocurrency investor to worry more.
  • In the meantime, India's leading Cryptocurrency Exchange Companies said if Private Crypto Currencies get banned in India, there will be no alternate option. If Indian Government ban Cryptocurrencies, there will be deep discussion around the bill, said by Wazirx CEO. Also , He added that "We have faith in the Lawmakers".
  • Instead of imposing ban and restriction on Cryptocurrencies, Govt will allow with certain terms and conditions, said by Bitbns CEO.
  • Cryptocurrency Exchange Companies also hopes that Indian Government will take acceptable decision on Crypto. So, not planning to make alternate plan.
  • According to Research, The Crypto Market has boomed about 550 percent in the last 12 month. Indians have been atttracted by Media Advertisement Platforms and invested throgugh CoinSwitch, Kuber and CoinDCX.
  • As the information about Crypto legislation is unclear , Leaving the Crypto Investors hoping that still they can able to do continue trading.


Post a Comment

Previous Post Next Post