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What will happen to crypto in circulation if government bans it, asks Zerodha’s Nikhil Kamath
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A day after the central government listed the cryptocurrency bill for introduction in the Lok Sabha’s winter session, cryptocurrency prices crashed and investors feared what would happen if the bill is passed in the current form.
Is the Indian govt banning cryptos?
What happens to everything in circulation already?
His concerns are not misplaced. Industry estimates suggest there are 15 million to 20 million crypto investors in India, with total crypto holdings of around Rs 40,000 crore or $5.39
Read more on moneycontrol.comAbout this in other media
Government mulls over giving deadline to declare crypto assets: Report moneycontrol.com /3 years ago
Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchanges economictimes.indiatimes.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
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