Indians could soon be penalised for holding Bitcoin, says new report News
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Bitcoin and a number of other cryptocurrencies are currently surging at their highest. However, the Indian government seems to be once again trying to ban crypto trading in the country. The government during the Budget 2021 revealed its plan to propose a new bill, which is intended to ban digital money in the country and also fine anyone trading or holding any crypto assets. Also Read - Buy a Electric Tesla car using Bitcoin in the future: Elon Musk
According to a report by
Reuters, the new bill is looking to criminalise possession, issuance, mining, trading and transferring any crypto assets in the country. If the bill is passed, it will make India the first major economy to make holding cryptocurrency illegal. Countries like China have banned mining and trading crypto, but do not penalise their possession. Also Read - Bitcoin Explained: What is it, trading legalities i
February 23 2021, 9:52 am | BY Ricki Green | 1 Comment
GUILTY writer/director Carl J. Sorheim woke up Sunday morning to find that his AACTA-nominated online video from 2018, Bitcoin Explained, had been tweeted by the world’s richest man, Elon Musk.
The video, which went viral on Facebook in 2018, garnering over 4M views, had been sitting on about 200K views with YouTube until the billionaire posted the link and the simple tweet “Cryptocurrency explained” Sunday morning.
Says Sorheim: “I was busy on the post for a snappy turnaround KFC Supercoach job when the views on Cameralla’s YouTube page went from 200K to just shy of a Million, and suddenly, we had about 20K new subscribers, which is nice.”
Bitcoin explicado por una niña de 3 años estrategiaynegocios.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from estrategiaynegocios.net Daily Mail and Mail on Sunday newspapers.
Cryptocurrencies are yet to earn the faith of governments in many countries but despite of the legal troubles, they are booming at a searing pace. Bitcoin, one of the biggest name in cryptocurrencies is not illegal in India but it might get banned soon.