The inter-ministerial committee set up by former Indian finance minister Arun Jaitley recommends a ban on bitcoin. According to a report published today, the Subhash Garg committee believes that cryptocurrencies cannot serve the purpose of currency. Calling them “private cryptocurrencies” over their non-sovereign nature, the committee wrote that they are inconsistent with the essential functions...

The post Its Official: Indian Government Wants to Ban Bitcoin appeared first on NewsBTC.

Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Bitcoin Charts.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Bitcoin Charts.