Business Description

India prepares to bring a new law restricting the exchange of security crypto, setting it out of tune alongside other Asian nations which have decided to regulate the emerging market to minimize crypto risk. The draft is estimated to be examined shortly through discussions by the cabinet prior to forwarding the bill to parliament. The Central Government of India will aid in nurturing the blockchain innovations which empower cryptocurrencies like ICO bitcoin, but it shall not promote the use, trade, or exchange of cryptocurrency.

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