India Committee Tells Government to Ban All Crypto ‘Dealers’
India according to local media reports Bitcoin and Cryptocurrency is thought to impose a Chinese-style exchange ban.
According to an article published today in the Economic Times, an unknown government committee told lawmakers Bitcoin and altcoin traders and said to ban dealers.
Bitcoin is getting richer in price and volume both in India and worldwide permit zones. Despite this, no reason was given for the committee’s recommendation, but it failed to make sense.
Indian exchangeBitxoxo‘s CEO Hesham Reyman , said that the government should focus on stopping the sale of Cryptocurrency containing cash instead of imposing a ban.
Also, Forbes India announced this week, Zebpay, one of India’s major exchanges. ‘s app-based trading platform recruits approximately 200,000 users each month.
As this is a program that conflicts with the committee’s alleged desires, India Strong> spent several months in the research phase.
Experts told the Economic Times, “In the event of a ban, buyers will turn to foreign exchange trading.”
Meanwhile, Wednesday’s During the question & answer session, Chinese BTCC CEO, Bobby Lee, told China to allow exchanges to operate domestically in the near future.
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