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
The post 5 Crucial Aspects of India’s Proposal to Ban Cryptocurrencies appeared first on The Merkle Hash.
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