India split: - "To ban crypto usage"

in #bills8 years ago

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This Finance Ministry, the Reserve Bank of India's Income Tax Department and its Special Investigation Team has expressed their views on these upcoming bills. Since every government department has its opinion whether or not to restrict the use of crypto including bitcoin. In this form India works to control cryptocurrencies on these bills.

No Consensus Among Regulators

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This bill has been drafted and consultation has been started with the concerned agency. India has prepared a bill on the regulation of cryptocurrency. These regulators have divided the use of cryptocurncies such as bitcoin to ban it. Sources in this news have cited the sources quoted. It was reported last week about the Navbharat Times.

image source: https://news.bitcoin.com/india-divided-ban-crypto-use

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