It's just a bill, not legislation lol. More like an idea, it's not a law yet and I doubt they will ever pass this ridiculous bill.
I know it's not confirmed, but mass media like to spread FUD saying crypto is banned or it's the end of crypto.
Tell that to the investors.
they have passed a lot of ridiculous bills recently, bulldozed it without debate
Fomo is getting ready for another DiP and lets Gooo
That happens when a government has total control and what ever in wants covid 19 was fuel to the fire.
Indian Gov always want to have Control over indian whatsoever & they will make this Successful sooner or later indeed
Nope lol these news create more discount offers.
Oh boy they making a crypto holder equivalent to a drug dealer.KYC will get used against you guys in the future,privacy doesn't matter huh.
I have an account on an Indian exchange and they already do KYC. Same goes with other exchanges. The fact that they only want exchanges holding investors' crypto says a lot about the government's intentions. It would be easier to regulate and collect data about investors. It's all about collecting tax at the end of the day.
I buy my crypto peer to peer because government has bipolar disorder that can turn on you for any reason.
