Monday, November 28

Tag: india market

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...