Post
Topic
Board Bitcoin Discussion
Re: India may again ban cryptocurrency
by
Sebas.tian
on 17/07/2020, 21:36:22 UTC
Maybe this news is true, but there is more and more people getting into cryptocurrency usage. Another thing more and more cryptocurrency and blockchain related development is happening within India. In recent days TCS, one of the leading IT service provider have entered the cryptomarket. If the government isn't supportive TCS could've never taken the steps forward. Upon this there is very less chance of cryptocurrencies getting banned in India.
You are absolutely right now India is doing very good in cryptocurrency and just few negative mind peoples creating rumours about this few days back we have announcements from few big exchanges as they are going to invest and opening representative offices in India for better way so I am feeling India could be next big in this technology.
Always remember that, the cryptocurrency market is full of rumors, this rumors help thousands to make their gains on daily basis. India as a country had been doing well with cryptocurrency and they want to ban it again. They have ban cryptocurrency several times and reverse their action, even though they succeeded with this, they will still unban again. Although, this seem to be aa rumor from cryptocurrency haters.