Friday, 24 March, 2023

India to ban cryptocurrency; penalising miners, traders, owners

<p>India will table a bill to ban cryptocurrencies, fine traders or even holding such digital currencies. The bill is said to be one of the world&rsquo;s strictest law against cryptocurrencies as it will criminalise possession, issuance, mining, trading and transferring of cryptocurrencies. India, when the bill become law, will be the first major country in the world to make even holding these digital currencies illegal. China has banned mining and trading but allows possession.</p>