Is India set to ban cryptocurrencies? It’s a bit unclear for now

Crypto currencies on Indian crypto exchanges tanked yesterday after it came to light that Parliament will see the introduction of the much-delayed cryptocurrency bill at its winter session that will commence on November 29 and is expected to continue till December 23.

The official bulletin said: The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India  aims to create a framework for the official digital currency that will be issued by the Reserve Bank of India.

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