To control cryptocurrency trading New bill The key cryptocurrencies are echoing the information that has been leaked Value fall Has begun to see.
Having already issued multiple warnings on the crypto trade, the government consulted to set serious limits.
For this in the parliamentary winter session starting on November 29th New bill Steps are being taken to bring.
Accordingly, the federal government is likely to ban the use of cryptocurrencies for transactions or payments. At the same time, the Federal Reserve is expected to issue a new cryptocurrency as an alternative.
This bill is being developed under the name of Cryptocurrency and the Official Digital Currency Regulation Bill 2021.
The bill is expected to bode well for the federal government to ban many of the private cryptocurrencies currently in use in India, as well as a plan to officially create a digital currency in India.
This is likely to be a measure of restraint as crypto companies are involved in trying to attract new investors.
It is also planned to promote the technology and applications of cryptocurrency.
Through these changes Cryptocurrency The crypto market is expected to operate in the same way as the stock market once the trading order is formalized.
In this case the key cryptocurrencies echo Value fall Has begun to see.
The digital currency market is currently in decline, according to cryptocurrency WazirX data. The prices of all major cryptocurrencies, including Bitcoin, Etram, Solana and Finance, have fallen. The stock traded down 0.86 percent at $ 4,167. Solana also traded down 1.24 percent at $ 4,167.
Toke and Shiba Ein, also known as Mimicoin, did not rise in value. Their growth is only 0.30 per cent and 1.64 per cent respectively.