WHATS YOUR TAKE ON THE BAN OF CRYPTO IN INDIA?

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#1
The final bill has not yet passed by the RBI regarding the ban; the news of this bill has created enough FUD in the Indian crypto trading community to result into a sharp decline in trading volumes



There are so many exchanges in india that are already getting shut, #INDIAWANTSCRYPTO

Indian cryptocurrency exchange Koinex announced its shutdown Thursday. CEO Rahul Raj explained that “After months of uncertainty and disruption, we have regretfully decided to shut down all digital assets exchange services and operations today,” adding:

India’s regulatory framework for cryptocurrency has been drafted by an interministerial committee headed by Subhash Chandra Garg, Secretary of the Department of Economic Affairs and Finance Secretary. He recently stated that the committee’s report with the recommended crypto regulation is ready to be submitted to the finance minister for approval.



what are your views ??
 

cryptobill

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#2
As crypto threatens more and more of the traditional financial system, we'll see more and more of this sort of thing.

Iran is also cracking down on mining operations. It's expected. It means Bitcoin is taking space from traditional bankers.
 
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But financial currency is going to be the future right ... not accepting it is like holding the county back form modernization and future development
 

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