India on the way to ban cryptocurrency, may pass a law in Parliament
India, on the way to ban cryptocurrency, may pass a law in Parliament
#Cryptocurrencies have been banned in many countries, and many have realized that there are some political activities in China that allow people in their countries to use such cryptocurrencies and make money from them, which is why so many big countries have risen and fallen. Politicians.
As a result, in a country like India, cryptocurrency is not only banned but also those involved in cryptocurrency have appealed to the High Court to bring them under the law.
One thing I don't really understand is that more than 7 million people in the country are involved in cryptocurrency and have invested a lot in this online currency. How did a law with such a slogan pass in that country and that too in a very short time.
But the High Court has given a directive that all users who have invested in cryptocurrencies will be given some time to convert those cryptocurrency currencies into their Indian currencies.
Not only India but also Bangladesh cryptocurrency is strictly banned but one thing to note is that the users of these two countries are very much and many people have chosen this cryptocurrency path to earn two paise but the government has also stopped their source of income.
Where are the meanings of our next future cryptocurrency going?
All of us who are involved in the Kipta world want a good correction so that we can easily deal with it or use it.
India is the first country in the world to have its first cryptocurrency banned. Earlier, the Chinese government wanted to ban cryptocurrency from their country, but after much research, it was found that it was not a ban or a criminal act for which China did not stop it. And seeing India, Bangladesh is walking on the same path.
The Indian government has also stated that after banning cryptocurrencies from their country, they will automatically create a currency that will be fully digital. It may be called the Central Bank Digital Currency.
It remains to be seen when the Indian government will take steps to change this law
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