India’s Crypto Ban: Breaking Down the FUD | BTCMANAGER

  • Reading Time: 2 minutes by Ashwath Balakrishnan on June 7, 2019  News , Regulation
  • A recent article by  Bloomberg Quint  reveals pictures of a supposed draft for a bill to ban cryptocurrency in India and offer a 1-10 year jail term for mining, holding, or using crypto.
  • For starters, a snippet of the bill shared by the author shows that cryptocurrency use regarding activities covered in a previous section is illegal.

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