- Nov 16, 2011
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Breaking news : India to ban all cryptocurrencies. New bill coming soon. Most of the coins are already 10-25℅ down in Indian exchanges. Is it good time to accumulate?
India has banned crypto currencies thrice this month.
You can do peer to peer bartering you don't need exchanges.Some Exchanges stopped working like Zebpay, WazirX. Everyone selling so they have stopped their system and not allowing them to sell.
They are going to ban all private, except for some (link)Just checked the news, and it seems that a bill IS coming for sure this time. However, it does not say they will ban cryptocurrency. According to the news agency I follow (ABP) it says Indian govt will regulate crypto. Which is all good news if you ask me. With the policy set, people will know what they are going into, instead of being clueless.
PM wants the country to stay poor, Crypto can be life-changing for the people in India and yet they are fucking around by stopping a big money flow in India lolHave fun staying poor.
So sad to see governments (especially in developing countries) banning something which could help their populations.