The end of trading in cryptomoney in India
The Indian government hopes to completely prohibit crypto-money transactions.
After much discussion, India is about to ban the trading of cryptomoney while since the year 2020 many companies have opened their doors which has contributed to the promotion of cryptomoney, there has been an average increase of more than 400% of registrations on different exchanges and services related to cryptomoney, millions of Indians are already using cryptomoney and a ban on the use of their means of payment will be a further handicap to the economic development with foreign countries through online services or consumption.
It is currently estimated that more than 1.5 million daily users will be affected by this measure.
There is an increasing tightening of laws in different countries of the world such as Venezuela where the situation is different but similar on the willingness to prohibit the use of exchange of cryptomoney for their people
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