Why is india banning crypto currency

why is india banning crypto currency

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The action appeared imminent after subsidiary, and an editorial committee, chaired by a former editor-in-chief many as 28 domestic crypto service providers registered themselves with.

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First non US dollar transaction between BRICS nations: UAE and China trade
New Delhi, Jan 13 (IANS) The websites of some top global cryptocurrency exchanges like Binance, Kucoin, OKX, among others, were blocked in India. The government can ban cryptos through a new law, but such rules can only be challenged for violation of fundamental rights, says Purshottam. India has tabled a new cryptocurrency bill that may restrict certain cryptocurrency activities while paving the way for a central bank digital currency.
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