Regulatory measures affecting blockchain and cryptocurrency projects often create a panic reaction among community members. In most cases, any regulatory measure will ultimately lead to either restricting or banning a specific type of activity. In India, a new proposal has been submitted to effectively prohibit cryptocurrency trading and use, although it has yet to be approved in the coming months. Below are a few key takeaways. This is Still a Mere Proposal Perhaps the most important aspect to highlight first and foremost is how the “Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019” is not an official
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