India Said To Introduce Law To Ban Trading In Cryptocurrency

[Andre@Krypt0]

*India has biometric data on 88% of its population

*India was able to stealthily sledgehammer its black economy by replacing the 500Rs and 1000Rs notes overnight

*Accept it or not Cryptocurrency does facilitate a black economy and if this bill gets passed it will wipe 1 Billion plus users out of the cryptosphere

India might just do it.

Government of India tends to overreact with its policy as seen in the currency exchange, which caused enourmous amount of pain and suffering for their working class.

 

[mlawson71]

That's pretty awful, people have enough trouble with the pandemic going on as it is.