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Indian government committee recommends crypto ban

Indian government committee recommends crypto ban

An Inter-Ministerial Committee (IMC) set up to look into bitcoin and cryptocurrency regulations in India has recommended a blanket ban on the virtual currencies. The committee has made the recommendation ’given the risks associated with them and volatility in their prices’. However, the committee also advised the government to not jettison the idea of creating a national cryptocurrency.

Timothy
Timothy
GG WP
GG WP 1 year

And there goes all the potential for economic growth in Shindia. They should really do more Lakshmi prayer sessions with such sensible economic policies. Maybe they should ban currency altogether and start trading bricks of compressed excrement. It's a very sensible policy, come to think. There can only be so much shit produced, so it would be quite immune to inflation, deflation and sanitation.

ShivatheObserver
ShivatheObserver 1 year

Even more retarded than the ancient nuclear weapons "hypothesis".

ConcealCarryProtect
ConcealCarryProtect 1 year

Did you know that indians have poo poo in their brains?

nanoo
nanoo 1 year

The 9th time now ?

Angry Mister Yellow Face!
Angry Mister Yellow Face! 1 year

Old pajeet at it again!

Fawksie
Fawksie 1 year

Makes sense; you can't control your population's spending habits if you can't track said spending habits. We should nuke these street shitters before they nuke us.

Skinsfan92
Skinsfan92 1 year

India banned big bills too. they aggressively chase after tax dodgers.

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