RATE Group | India panel recommends ban on cryptocurrency
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India panel recommends ban on cryptocurrency

India panel recommends ban on cryptocurrency

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An Indian government panel on Monday recommended ban on cryptocurrency and penalties for any dealing in digital coins.

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on motherb

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 13, 2018. REUTERS/Dado Ruvic/Illustration/Files

NEW DELHI: An Indian government panel on Monday recommended ban on cryptocurrency and penalties for any dealing in digital coins.

The panel’s report and a suggested draft legislation will be examined by the government and regulators before…

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