Indian Government Submits Bill to Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure

Meanwhile, earlier this month, the Indian government seemed to ease up on crypto, hinting that it would take a more progressive and forward-looking approach to digital assets. But last week, India’s prime minister Narendra Modi said in a speech that, “It is important that all democratic nations work together on this and ensure it does not end up in wrong hands, which can spoil our youth.”

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