India’s Ministry of Finance proposed a ban on bitcoin

According to the Economic Times of India, the Ministry of Finance of this country has plans to propose a bitcoin press order. The news comes months after the Supreme Court of India rejected the ban on cryptocurrency trading imposed by the Central Bank of India (RBI). It seems that the Indian cryptocurrency market has found the light at the end of the tunnel. However, recently a draft law has been proposed to the Government that states that Bitcoin’s role in money laundering and terrorism financing. A senior government official revealed that the Ministry of Finance is currently wishing for a […]