INDIA MULLS NEW LAW TO BAN CRYPTOCURRENCIES, CREATE AN OFFICIAL DIGITAL CURRENCY


31/01/2021




Aslıhan DOĞRU -TDO- The Indian government has announced that they plan to launch a new official cryptocurrency issued by the central bank, banning the use of all private cryptocurrencies in the country.

Under the regulation, which is among the new law drafts announced by the government, the use of cryptocurrencies such as bitcoins will be banned in the country.

On the other hand, according to the draft, some exceptions will be made to improve cryptocurrency technology and its uses.


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