The Indian government will consider a bill aimed at banning almost all privately issued cryptocurrencies.
After the government published the draft document, Bitcoin and other cryptocurrencies have fallen in price on local exchanges and are now being sold at a discount.
At the time of writing, BTC is selling at $54,500 on the WazirX exchange. At the same moment, Bitcoin can be bought on Binance for $56,750 - a difference of 3%.
Many users from India are selling their assets after the lower house of Parliament published a bill banning all private cryptocurrencies. It lays the foundation for the issuance of a central bank digital currency.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
According to www.theblockcrypto.com
You May Also Like
New Dash record - 3 million transactions per day
This week, the Dash platform ran a stress test to see how many transactions the network could handle in 24 hours. The stress test was performed by Delta Engine, the company behind the popular MyDashWallet wallet.
Atari and Animoca will create blockchain versions of famous video games
French gaming giant Atari has partnered with blockchain startup Animoca Brands to create blockchain versions of two of its most popular mobile games, RollerCoaster Tycoon Touch and Goon Squad.
