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Bitcoinist
2019-07-22 14:09:57

India: Gov’t Committee Recommends Blanket Cryptocurrency Ban

The Inter-Ministerial Committee (IMC) set up to look into bitcoin and cryptocurrency regulations in India says the government should ban virtual currencies. India May Soon Finalize Total Bitcoin Ban In a report submitted on Monday (July 22, 2019) the IMC recommended that the government institutes a total bitcoin ban. An excerpt from the report reads: As for private cryptocurrencies, given the risks associated with them and volatility in their prices, the Group has recommended banningRead MoreThe post India: Gov’t Committee Recommends Blanket Cryptocurrency Ban appeared first on Bitcoinist.com.