India considering TOTAL BAN on cryptocurrencies – media ...News

Russia Today - Economy
India considering TOTAL BAN on cryptocurrencies – media
source : Russia Today ( News ) () 7
New Delhi is planning to propose a new law that will ban cryptocurrencies and fine anyone trading or even holding digital assets in the country, a senior government official told Reuters. According to the source, who has direct knowledge of the plan, the bill would criminalize the possession, issuance, mining, trading and transferring of crypto-assets. It would thus become one of the world’s strictest policies against cryptocurrencies. The measure is in line with a January government agenda that called for banning private virtual currencies such as bitcoin. The authorities are also trying to set a framework for an official digital curr

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