🇮🇳 Report: India considers complete ban on digital currencies

India's The Economic Times has reported that multiple Indian governmental departments are circulating a draft bill entitled "Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019." A committee of various economic departments is also considering banning digital currency under the Prevention of Money Laundering Act (PMLA). CoinTelegraph notes that since December, multiple reports have surfaced from India on digital currency bans but have yet to be founded by action.

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