Will India ban Crypto Trading and it will impact bitcoin and Steem ?

in #speakyourmind7 years ago

Certainly not a good news for people of India, but that will not stop me keep Steeming

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Woah. Is this true?

Yes it is.

It is very hard to ban cryptocurrency in India because there are many Indians who support cryptocurrency

They can only ban the trade, if they want still.

There are exchanges outside India from which money can be transferred, so I dont think the govt. will want the money to go out

Agreed, the government still has not cleared its stance. It is anticipated that the govt want to earn the tax, so all these actions.

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