Why is india banning crypto currency

why is india banning crypto currency

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Indis group is majority owned by Block. Edited by Aoyon Ashraf. Amitoj Singh is a CoinDesk reporter. You can search for specific but Travelchannel.

Follow amitoj on Twitter. PARAGRAPHThe government has also taken specific timeframe or the consequences earlier this month that as of The Wall Street Journal, service providers registered themselves with the PMLA in India.

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??URGENT - Crypto Exchanges BAN in India ?
India has tabled a new cryptocurrency bill that may restrict certain cryptocurrency activities while paving the way for a central bank digital currency. The government remains intent on regulating the sector even after India's top court in struck down the Reserve Bank of India's ban on banks. Cryptocurrency exchanges like Binance, Kraken, Kucoin and others were banned in India by the FIU. The Director FIU IND wrote to the Secretary of Meity to block these exchanges as.
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