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Tim Draper: Bitcoin Ban Means India Will Get More Corrupt ... from www.cryptonewspoint.com It seems like bitcoin and any other cryptocurrency isn't going to have a promising future in india as the indian government is soon going to propose a new law that will be banning cryptocurrencies as well as fining people who continue to trade in them or even hold them, in the country. The cryptocurrency matter finally got a hearing in the supreme court today. Twitter ceo announces bitcoin endowment trust with focus on india, africa officials are confident of getting the bill enacted into law as prime minister narendra modi's government holds a. Sabha,bitcoin,trading,ban,rbi,bank,regulation,2021,news,letest,revoking,verdict,supreme court,crypto,cryptocurrency | is bitcoin banned in india,can bitcoin be used in india,why bitcoin is not allowed in india,can bitcoin be converted to cash in india,bitcoin price in india,cryptocurrency ban in india latest news,bitcoin ban in india news in. His car firm tesla has bought about $1.5bn (£1.1bn) of bitcoin in bought about $1.5bn (£1.1bn). The reserve bank of india (rbi). Especially, after demonetization, the response to virtual currency grew immensely. A ban on cryptocurrencies like bitcoin may result in wealth erosion for about 1 crore indian investors, including 10 lakh traders, who are estimated to own assets collectively worth over rs 10,000 crore.
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Currently the value of 1 bitcoin stands at rs 38.5 lakh, as of 19 february.
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Cryptocurrency in India: Supreme Court to Hear Final ... from malaysiadailynews.com Can bitcoin be converted to cash in india? It seems like bitcoin and any other cryptocurrency isn't going to have a promising future in india as the indian government is soon going to propose a new law that will be banning cryptocurrencies as well as fining people who continue to trade in them or even hold them, in the country. Can bitcoin be used in india? Catch all the live updates on republic tv. Read | elon musk loses $15 bn in a day after bitcoin warning, bezos regains richest person title The reserve bank of india (rbi). Crypto news today hindi |📌 join telegram: However, a shadow of fear and uncertainty looms large over india's crypto ecosystem as the government has indicated it is.
It also put extra pressure on exchanges in india and abroad who faced some difficulty in processing orders as investors rushed to buy bitcoin.
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