Indian Government Submits Bill to Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure

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Meanwhile, earlier this month, the Indian government seemed to ease up on crypto, hinting that it would take a more progressive and forward-looking approach to digital assets. But last week, India’s prime minister Narendra Modi said in a speech that, “It is important that all democratic nations work together on this and ensure it does not end up in wrong hands, which can spoil our youth.”

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