India can’t decide if it loves or hates crypto

Cryptocurrency investors in India hit the panic button last night as the winter schedule of parliament, starting from November 29, was published. It indicated that a new cryptocurrency bill will be tabled for discussion, which might but a ban on cryptocurrency trading in the country. The description of the bill said that it “seeks to prohibit all private cryptocurrencies in India, however, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses.” It also indicated that the Reserve Bank of India, the country’s central bank, might issue an official digital coin in the future. While…

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