India to ban Bitcoin? Parliament's winter session to see bill to prohibit private cryptocurrencies
India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies in the winter session of Parliament, the government said late on Tuesday. The government will allow only certain cryptocurrencies to promote the underlying technology and its uses, according to a legislative agenda for the winter session that is set to start later this month. Through the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India is also looking to make a framework for the official digital currency that will be issued by the Reserve Bank of India.
Private cryptos token ban is ok. No need for fud, cryptos like bitcoin, eth, doge, matic, Shiba etc don't come under private tokens. Learn what private cryptos are before panic selling.
But it will lead to mass loss of hard earned money of middle income society....
Pankaj kumar Mandal
Already lost 49 lakh >>> 33 lakh in 1 day
A R Sinha
No ban on non private crypto...people will do panic sell after seeing fake news
Bcoz no one where Crypto currency goes !!
Why this Fud? Govt will ban only Private Crypto Currency whose transactions we cannot see, that's all not the whole market
naan dhan kadavul
I got heart attack after seeing my crypto portfolio in wazirx after this announcement.
It dropped from 1.1 Lakh to 60 thousand in a span of 3 hours.
Modi ji give my money back
Isme bhi Modiji ki galti hai
It's your fault that you put your money in such volatile investments.
Hey boy dont sell. It will rebound back. U can sell those crypto outside India. So dont panic. Crypto is accepted in USA and many developed countries. In USA we have btc etfs trades in their stock market
@Mohamed Razeen i knw ,but our indian pple r afrd of evrything ,thy dont read newz properly or think
Gaming with Blaze
@Kushagra Maheshwari isn’t the government doing exactly what the ultra rich do to cause extra dip in prices ? Most pro baby the ultra rich were already informed
The reason why Modi blocked to spare heartbreaks
Be ready to see another protest around delhi border
Haha you think Indians are that smart?
Zeeshan M. Raje
Be ready to see another apology and repeal by Modiji
Buy shiba inu today or tomorrow. It's not going to be banned. If you today sell everything in panic. You will face massive loss. I m going to buy in this panic because on just news I can't take such a stupid step to sell my wallet.
Absolutely right move....Can't let Crypto creep into Indian Economy...it's more of a unpredictable asset
Now I support Vir Das
India should first make a law on cyberbullying many Indian teachers in YouTube who are trying to help children learn maths and science are getting bullied for their body and clothes.
Then i will file fir against anyone who abuses me .
Most of the terror funding transactions was done through bitcoin and other crypto currency
The PM MODI led ruling BJP government can't control this virtual currency and impose demonestisation.
If banned, this would be my last vote to bjp. Sorry modi u have lost my trust
ALL in ONE Vlogs
Buy indian digital currency
Ban is only for private crypto but eth, shiba inu, bitcoin etc will not be banned.
Half baked knowledge is dangerous
Good Decision! 99% of people lose money in crypto and those who get money are lucky.
You think you know me
People loose money in shares and lottery as well. Ban that too. Ban share market.
@You think you know me
Share market is different from crypto currency.
Most of the Terror transactions were made through crypto currency