Hello friends today I read one article on cointelegraph which I found intresting I want to tell about that article. In that article I read that India government plans to completely ban cryptocurrecy in india which is very bad news for india crypto community and this news come to an existence when the economic times quoted a senoir government talk.
“A note has been moved (by the finance ministry) for inter-ministerial consultations.”
The finace ministry of india want to legally ban cryptpcurrencies in india but it take a long time to make law to ban crypto in india as this proposal of financila ministry of india have to go council of minsters in india in which long debate will happen for its pros and cons and after that it will be sended to india parliamnet for final decision but I want to tell you that there is so much pros and very less cons and that makes no sense to ban crypto in india and I belive the crypto is the future.
In this news the ceo of India leading crypto exchange platform wazirx had also responded and quoted that.
I'm confident that our PM will not stop a booming sector.
As you all know or dont know but I want to tell you that after a long fight in supreme court in india three month ago cryptocurrency ban in india was uplifted and after that indian people who are intrested in cryptocurrencies can buy or sell Bitcoin and Altcoins from their Bank account directly.
But now Indian government again planning to completely ban cryptocurrency in india by passing a law and making it illegal to buy or sell crypto in india and who violates the rule will be sended to jail.
I think you find helpful this post so, dont forget to like this post and comment below your thoughts what you think will crypto will be banned in India or not.
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