Crypto ban

Reserve Bank of India Deputy Governor T. Rabi Sankar likened the cryptocurrency to Ponzi schemes and said it was "highly appropriate" for the Indian government to ban and not regulate them.
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The Reserve Bank of India (RBI) has informed the Central Board that it supports a complete ban on cryptocurrencies, sources said at a Central Bank board meeting on Friday.
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"We do not welcome investments in cryptocurrencies," said Elvira Nabiullina, governor of the Central Bank of Russia the Governor of the Central Bank of Russia Elvira Nabiullina raised fears, uncertainties, and suspicions (FUD) around the…
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According to the former secretary of the Indian Ministry of Finance shared his position and said speculations about the crypto bill were probably a myth.
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Amid rumors that cryptocurrencies will be banned by a forthcoming crypto bill in Parliament, many crypto users on Indian exchanges are panicking. as the content of the proposed bill is not yet known.
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