Indian Cryptocurrency Investors Are Panic Selling Citing A Proposed Crypto Ban Bill
The bill, termed as “Cryptocurrency and Regulation of Official Digital Currency” is set to unveil in India’s lower house of parliament next week, which if passed can bring a whole new CBDC backed by RBI, and ban all the private cryptocurrencies in India. Cryptocurrency in India On late Tuesday, partially negative news on cryptocurrency regulation in India spurred panic selling among the retail crypto investors. As the Indian government is preparing for Winter Session 2021 scheduled next week, an agenda depicting about 26 bills was released....