Indian panel recommends cryptocurrency ban, jail for traders
Government to make decision after consulting regulators
22 July 2019 - 18:31
New Delhi — An Indian government panel has recommended banning all private cryptocurrencies and a jail term of up to 10 years and heavy fines for anyone dealing in digital currencies, which could signal the end of them in India.
The panel drew up a report and draft legislation which will be examined by the government and regulators before they make a final decision, the government said in a statement on Monday...
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