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We have prepared a kind of draft that we intent to discuss with the committee members in the first week of. The indian government is exploring the possibility of banning all private cryptocurrencies in india and institutes making a law which makes the holding and transactions of cryptocurrencies in india a criminal offense.? Some economic analysts predict a big change in crypto is forthcoming as institutional money enters the market. moreover, there is the possibility that crypto will be floated on the nasdaq, which would further add credibility to blockchain and its uses as an alternative to. Whereas the indian government has promptly embraced blockchain, cryptocurrency has confronted a tough battle. So 2021 seems perfect for further cryptocurrency adoption and a massive change in the existing financial time will tell.
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India even has plans of releasing its own cryptocurrency similar to bitcoin and ethereum.
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We will hope for a good future for cryptocurrencies in india and expect a positive approach from the government. Sites such as irctc via lakshmi coin. However, the future of india's crypto market is still not entirely bright. Indian regulators have decided to leave the decision to ban cryptocurrencies with individual banks. It's about the future of blockchain & cryptocurrency in india.
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Cryptocurrency is now an ubiquitous asset in which everyone around the world will wish to have.
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Would you like to learn more about the future of cryptocurrency and blockchain technology in india?
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