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10 May 2021

India Wants to Examine People's Past Crypto Transactions | Live Bitcoin News

India Wants to Examine People's Past Crypto Transactions | Live Bitcoin News


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The country is presently contemplating a new law that if passed, would ban all crypto activity and trading in the future.

However, now India’s reputation is being soiled again given that this new law being proposed would outright ban all crypto trading and related activity.

This law would not allow people to trade crypto in any way, shape or form, and even more dangerous is the fact that the law – while allowing people to get rid of their holdings within a certain period – would also permit government regulators to research all past transactions amongst residents.

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