The uncertainty around cryptocurrency
The Hindu
Why has the latest Bill regarding digital currencies, which is to be tabled in Parliament, caused widespread distress among crypto-investors?
A bill that the Centre is set to introduce in the Winter Session of Parliament has got investors in cryptocurrencies worried. The prices of cryptocurrencies across the board fell by as much as 20% after news of the Centre’s new cryptocurrency bill hit the market on Wednesday. With details of the bill not out yet, many investors are left hoping that there will be no blanket ban on cryptocurrencies.
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