Will India ban bitcoin Completely: Latest News

According to some sources, The Indian government which Led by NDA may be considering a complete ban on the use of bitcoin and other cryptocurrencies i.e. May India ban Bitcoin

India ban bitcoin DGB Coin
DGB Coin

India ban bitcoin, Reality 

India ban bitcoin

Financial stability and development council (FSDC), headed by F.M Arun Jaitley, At a meeting on Oct. 30, 2018. Came up with this Statement which was released by  PIB “Press Information Bureau”.

“The council deliberated on the issues and challenges of crypto assets/currency and was briefed about the deliberations in the high-level committee chaired by the secretary (economic affairs) to devise an appropriate legal framework to ban the use of private cryptocurrencies in India”

Maybe Indian govt can ban rupee in order to buy and sell a cryptocurrency.  In another word, we can say India ban Bitcoin if you buying it from rupee. No one can ban bitcoin because it is a Decentralized. This matter also in the supreme court of India and court give Two months to govt clear its stand on Virtual currencies.

India ban bitcoin

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