India Wants To Ban Cryptocurrency And Criminalise Mining Trading Digital Currency
According to Reuters, the bill would be one of the strictest policies against cryptocurrencies in the world, let alone India, if passed; it criminalises “possession, issuance, mining, trading, and the transfer of crypto-assets”. For context, China is another country that has banned the mining and trading of cryptocurrency, but it does not penalise its citizens for owning it. The news is most definitely a blow to the gut of said investors, both long-time and recent, especially considering how valuable cryptocurrencies have become over the last several months....