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Bloombergquint reported the news on since india's central bank doesn't back cryptocurrencies, the government will ban their usage in all forms through a law that will be introduced in parliament. In a press release, the tamil nadu police eow advised residents of the state not to get involved in cryptocurrency transactions owing risk of fraud and other criminal activities. India's central bank rbi urges banks to cut ties with crypto businesses and traders: Sign up for our newsletters. Join coindcx() using link below for 10% off #indiawantscrypto.
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India said to be preparing to ban cryptocurrency trading the federal cabinet is expected to soon discuss a new bill before.
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