Indian Government Ponders Ban of Cryptocurrency Use
Given the rise of India's technology class, I am shocked their government regulators would be so short sighted as to ban Indian Citizens from using cryptocurrencies. As the rest of the world is moving to adopt or at least tollerate this evolution in currency, India is toying with becoming a regressive state that risks leaving theit citizens permanently removed from the financial revolution. This is unfair on so many levels. Regulate to prevent fraud, sure. A complete ban is outrageous. HODL everybody.
https://www.ccn.com/breaking-india-is-considering-a-ban-on-the-use-of-cryptocurrencies/
What Indian can do is wait until they recognise the use of crypto.
Hopefully they do not have to wait till it is too late.
Hi @clayrawlings,
Now we can do only one thing. wait and watch.
Thanks.
very unfair. I am sorry.
of course all countries will recognize one day.
The sooner the better for all of us.
this attitude of india is a real narrow-mindedness
Amen, brother!
I believe in crypto but sad part is India is not taking it seriously. But they are going to adopt in future
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Eventually they will have to but then it is too late for the average Indian to have shared in the gain. Very unfair.
Yes you are right sir.
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Indian are really disappointed by these steps
I can just imagine. If this goes through they will be sidelined during the largest transfer of wealth in human history.
After the central bank's ban this news is the biggest setback for the crypto community here. Hope the government will have to accept crypto in near future when the entire world can't survive without it. I am feeling vary sad for me and all crypto lovers here in India. Thanks for this article
I am very sorry, my friend.
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