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India’s central bank wants to ban cryptocurrencies, government says
- known 4y ago
- senttoschool 4y agoI think instead of banning cryptocurrencies, countries should regulate the tokens like a security. This way, entities that issue tokens will have to follow the same rules that stocks follow.
- trasz 4y agoWhy would you need the crypto then?
- tarunmuvvala 4y agoWell the government didn't ban it yet. the Ministry is in consultation with the other governments to find a good way to regulate the sector. I think every country wants to track the inflow and outflow of money.Once they have some mechanism either through CBDC or KYCed wallets I feel the sector will just boom like any other software company.