In India they are proposing a draft to ban all cryptocurrencies
Even dealing with them will land you in jail for 10 years and even holding unlawful.
wrong and this is not new, it has been going on for a couple of years now and the recent bill had nothing to do with jailing people for using bitcoin, it was misinterpreted by the shitty news sites.
It has nothing to do with the ongoing hearing of crypto regulation.
There is no genuine source for the uploaded draft though and hence I think it's just a FUD since there is no official announcement as such.
The 10 year jail part is an old news though which was a part of the ongoing crypto regulation hearing.