Tagged: subhash chandra garg

Proposed Law in India to Impose 10-Year Sentences for the Use, Trading or Production of Cryptocurrencies while Proposing Digital Rupee

June 8, 2019 @ 8:45 am By Cali Haan |

Details emerging about a proposed bill to ban cryptocurrencies indicate that things have gone from bad to worse for the cryptocurrency sector in India. According to Bloomberg Quint, if passed, new proposed legislation to cover the crypto sector will impose 10-year sentences on individuals possessing,… Read More

What’s the Hold Up? Indian Government Reportedly Concerned Cryptocurrencies Could Destabilize the Rupee

February 6, 2019 @ 7:00 pm By Cali Haan |

Like elsewhere, Indian officials have been contemplating how to properly regulate cryptocurrencies for some time. Now a report from Quartz India says Indian regulators are currently “obsessed” with how cryptocurrencies might destabilize standard currencies, specifically the rupee. Inflation and counterfeiting have been issues in India,… Read More