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The indian parliament is set to consider a bill to be passed into law that would ban private cryptocurrencies.
Can you become rich with cryptocurrencies in india? Even more, india might face many consequences from the crypto ban in india. Indian cryptocurrency exchanges have started a campaign to convince parliament to regulate cryptocurrencies rather than impose a ban. The central bank is looking into the need for a digital version of the fiat currency and how to implement it. Hope new members also got the idea about the situation of cryptocurrency in india. Let's look into the consequences of india's cryptocurrency ban in 2021. Although headlines have mentioned various possible. How to start crypto journey in india. A cryptocurrency exchange allows user to to trade their cryptocurrency asset to other cryptocurrency or fiat like dollar, indian rupee. Even there are the new ones, which have proved their worth, beyond imagination. In india, despite government threats of a ban, transaction volumes are swelling and 8 million investors now zebpay did as much volume per day in february 2021 as we did in all of february 2020, said vikram. I love to trade usdt/inr pairs on the wazirx exchange. India plans to introduce law to ban.
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Since then, cryptocurrency is gaining significant momentum in india being a legal activity.
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