Post
Topic
Board India
Re: Reserve Bank of India Denies Involvement in Draft Bill to Ban Cryptocurrencies
by
playboy654
on 11/06/2019, 13:36:37 UTC
Saw an article regarding this draft of banning cryptocurrencies in the economic Times newspaper website so this is also a false information are they just post this article without investigation further that news is true or false?

This is just clickbait on a whole new level. I saw prices crash everywhere including localbitcoins.. It is the traders that take so much damage and eventually go out of business..


More news
https://www.bloombergquint.com/law-and-policy/corporate-affairs-ministry-seeks-action-against-crypto-ponzi-platforms

"But there may be a change in the draft bill to have a mild punishment for those using cryptocurrencies on a “non-commercial basis”, another government official told BloombergQuint requesting anonymity as he’s not authorised to speak with the media. These individuals, he said, shall be punishable with a fine that will be notified by the central government."



Ban coming soon!
Government officials are not ruling government,it needs to be taken care by the ruling party I guess.

Anyone say soon need to mention how soon it will happen?

Because immediate actions happening in India is like world wonder.