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India's crypto ban bill could mean arrest and jail without a warrant or bail for violations
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Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also seeks to make those who infringe the law subject to arrest without a warrant and being held without bail, according to a source and a summary of the bill seen by Reuters.
Prime Minister Narendra Modi's government has previously flagged that it plans to ban most cryptocurrencies - a move which follows measures by China this September that intensified its crackdown on cryptocurrencies.
According to
Read more on euronews.comAbout this in other media
Proposed bill banning crypto payments could mean jail for violations economictimes.indiatimes.com /3 years ago
India's proposed bill banning crypto payments could mean jail for violations -document euronews.com /3 years ago
India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail cointelegraph.com /3 years ago
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