India Cryptocurrency Ban May Finally Happen Soon
The proposed bill is titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021”, which will be presented during the Winter Session of parliament that’s set to start on 29 November, according to a parliamentary bulletin. A meeting chaired by Prime Minister Narendra Modi on November 13 reached a consensus to stop “attempts to mislead the youth through over-promising and non-transparent advertising”. The bill was actually listed for the Monsoon Session of parliament back in July, but was not introduced to avoid further confrontation with the opposition amid allegations of the Indian government’s use of the Pegasus spyware....