Quote from: CoinFellow on July 01, 2019, 06:12:05 AM

Quote from: kabit9 on June 08, 2019, 08:20:52 AM

anyway it is a draft bill, not approved. likely will take many more months and revisions before something reasonable surfaces.

It might only be a draft bill, but you would appreciate the negative sentiments it sends out related to cryptos when this kind of news is prominently covered in the media. We all have seen Koinex shutting down their operations. The whole crypto space is in its infancy, and instead of regulating it and subsequently using the power of decentralized technology, you are trying to kill the whole thing.

Its no secret the over a period of time, world will move to decentralization and cryptos in some form will play an important part in it. So, instead of taking a proactive approach when other developed countries are trying to figure out how to handle it, coming up with this regressive ideas is not a good thing.

in what sphere except corruption has the indian government taken a proactive approach in the last 60 years?

would you expect your pet dog (who has never flown before) to suddenly fly now?