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We need to have faith long way in these three. However, crypto is notoriously volatile, to know about the potential to say how big an effect a potential ban could have, given there are more. If it passes it could prohibit people mining, holding, selling, transferring or using private cryptocurrencies. Crypto is currently unregulated in India - as it is in the UK - but talk of regulation has been ongoing for some time.
Our nation has come a in our law makers.
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BREAKING???? INDIA BANS Crypto Exchanges -Best Solution ? - Crypto Ban News - Bitcoin ETFThe 9 cryptocurrency exchanges have been pulled up for non-compliance with India anti-money laundering law. The Financial Intelligence Unit. The government can ban cryptos through a new law, but such rules can only be challenged for violation of fundamental rights, says Purshottam. The government remains intent on regulating the sector even after India's top court in struck down the Reserve Bank of India's ban on banks.
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