India’s government is once again looking to ban cryptocurrencies and regulate official digital currencies. According to a report by India’s Economic Times, the government has kickstarted inter-ministerial consultations on a draft bill, which has reportedly been shared with relevant government departments. Sources have revealed that several departments within the country’s government have already backed the notion of enforcing a complete ban on the “sale, purchase, and issuance of all types of cryptocurrency.” The committee also stated that since cryptocurrency could be used for money laundering, a ban could also be achieved under the existing Prevention of Money Laundering Act (PMLA).… This story continues at The Next Web
Comment on India is reportedly looking to ban cryptocurrencies once and for all
Yessi Bello Perez, The Next Web
Fri, 04/26/2019 - 2:49am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more