Sunday, November 27

Tag: coins in India

Survey : Majority of Indians don’t want the Crypto Bill to pass
Crypto, News

Survey : Majority of Indians don’t want the Crypto Bill to pass

In yet another major relevation, more than half of the people surveyed in India are against legalizing cryptocurrencies according to and poll published on Wednesday.As the government proposed to roll out a cryptobull which will see the digital cryptocurrencies being regulated, majority of members in a poll conducted in New Delhi have came out against this tenure.A survey from pollster localCircles, which lasted 15 days and had 56000 people participate in it, show the result that 54% of the people don't want the government to legalize cryptocurrencies but instead take a different route to it like they do in the foreign countries.Majority of the people say that the cryptocurrencies should be taxed instead of being regulated and legalized under the new Crypto bill in the win...
What does the new crypto bill mean for Indian crypto users?
Crypto

What does the new crypto bill mean for Indian crypto users?

The new crypto bill which will be introduced in the winter parliament is said to be pass and will ban all the private cryptocurrencies and its trading in India.India is one of the fastest growing nations in terms of new crypto users with more and more people getting into the online digital currency seen making it the biggest country with most users only behind USA, Kenya, and China.The Prime Minister is against itSpeaking at an international convention last week, the Indian Prime Minister Narendra Modi spoke out against the cryptocurrencies market and was his opinion that all the Nations need to regulate the cryptocurrencies so that it does not fall into the wrong hands and that it does not spoil the youth of the nation.Pm Narendra Modi voiced cheez opinions on cryptocurre...
Indian government to completely ban private crypto and RBI will issue new crypto instead!
Crypto

Indian government to completely ban private crypto and RBI will issue new crypto instead!

New updates on the cryptocurrency bill in India are here.Much to the Indian crypto investors displeasure, the Indian government will introduce a new bill on cryptocurrency in the latest winter session of the parliament.This bill seeks to create a new framework for the creation of official digital currency which will be issued by RBI but here is the main thing which has all the Indian crypto investor worried.Government is looking to ban private cryptoThe bill, which is titled "the cryptocurrency and regulation of digital currency, 2021" will be up in the winter session of the parliament and will be looked to pass in the same session.This bill comes at a high time when the Indian users looked to overtake the number of crypto holders in our country, which is growing at a ...
Narendra Modi ISSUES A WARNING For Crypto Users In India!
Crypto

Narendra Modi ISSUES A WARNING For Crypto Users In India!

Narendra Modi was on a forum hosted by Australian strategic policy institute where he was quoted issuing a warning for young crypto users in India, and number which is rising day by day.Modi on cryptocurrencyThis was his first ever public comment on the online digital cryptocurrencies. The current prime minister of India Narendra Modi, Thursday warned that the online cryptocurrencies such as Bitcoin presents a risk to younger generation as Narendra Modi's government prepared to introduce legislation to regulate digital currency.The government had their concern for many months on cryptocurrencies now as the number of users in India who are now involved in the online trading of cryptocurrencies have been rising steadily as India moves towards the digital generation.Cryptocur...