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RE: Interview With India's Three Largest Crypto-Exchanges: Ban Rumors Are False

in #cryptocurrency7 years ago

Whilst the news might be false the part I smiled at was "The India Ministry of Finance reaffirmed that it intends to ban the usage of cryptocurrencies in financial crimes and illicit activities," surely that is the aim of every government ?
Also the statement 'Bitcoins or such cryptocurrencies are not legal tender.' This has been the position taken by almost all governments around the world," maybe the governments are trying to declare cryptos as not legal tender is because as it stands at the moment they do not have control over them so they don't want to recognise them

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