Crypto Fact

The rumours around crypto ban in India is premature, said crypto engage founders CoinDCX launches crypto and blockchain learning platform, DCX Learn US govt plans to add crypto features to its fiat currency    The cryptocurrency community is in a dilemma as the Indian government recently  announced  that it was planning to introduce legislation to  ban cryptocurrencies . The finance ministry, on June 12, has passed a draft cabinet note which seeks to set up a legal framework for banning cryptocurrency in India. According to media  reports , the note has been shared with the other ministries for consideration. However, the details of the draft are not available.    The report stated that the government would lean on a previously drafted bill by Garg committee, from July 2019, which proposed all forms of cryptocurrency are banned and anyone caught holding them could face a hefty fine and up to ten years imprisonment. “It’s not clear whether the finance ministry intends to work upon the