A turn for the worse? India’s crypto plan worries local industries
The Indian crypto community has been involved in discussions with the government about how to perceive cryptocurrencies and blockchain technology before finding ways to regulate the industry since the government imposed a blanket ban on banks serving crypto companies in April 2018 .
In the last update on January 29, the government announced its plans to introduce cryptocurrency and the regulation of the official digital currency law in 2021 at the upcoming session in the Lower House of Parliament (The Lok Sabha).
Read on on Coin Telegraph
Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website such as data, offers, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.