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India to ban almost all private cryptocurrencies including Bitcoin in new clampdown
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euronews.comIndia is on track to ban all but a few private cryptocurrencies after the government announced on Tuesday it was introducing a new financial regulation bill.
The 'Cryptocurrency and Regulation of Official Digital Currency' bill will create a facilitative framework for an official digital currency to be issued by the Reserve Bank of India, and ban all private cryptocurrencies, such as Bitcoin and Ethereum.
Such a pre-verification approach would create obstacles for thousands of peer-to-peer
Read more on euronews.comAbout this in other media
Complete ban on private cryptocurrencies recommended: What in store for crypto investors? financialexpress.com /3 years ago
New Crypto Bill: Private Cryptocurrency To Be Regulated, Not Banned; Crypto Not Legal Currency In India: 5 Points ndtv.com /3 years ago
All Private Cryptocurrency Will Be Regulated, Not Banned: Sources ndtv.com /3 years ago
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