Countries are mitigating the negative impacts of Crypto through bans and regulations.
Find out what the latest bans and regulations on cryptocurrencies are! Why are cryptocurrency prices rising so fast, especially Bitcoin, if countries are banning it? In this video, we learn a lot about cryptocurrency, the pros and cons of using it, and global discussion on crypto.
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"Cryptocurrencies could soon be facing the ax in India, after a government panel proposed banning all private cryptocurrencies, with a jail term of up to 10 years and heavy fines for anyone dealing in them. The panel has also recommended that the government consider an official digital rupee that is government-backed through the Reserve Bank of India. Indian authorities will now examine the panel's report and draft legislation before making a final decision." - CNA
Key Discussion & Points:
India Bans Cryptocurrency.
In this video we talk about various cryptocurrencies such as bitcoin (btc), litecoin, ethereum (eth), rapid, monero, bitcoin cash, doge (dogecoin), ripple (xrp) and more! We learn a lot about blockchain and crypto, how a programmer bought 2 pizzas for 10,000 bitcoin, and what the global policies are for crypto. We discuss china's ban on crypto mining, donald trump and the united states (US)'s argument for the USD instead of bitcoin or libra, narendra modi, china, and what narendra modi and the RBI (reserve bank of india)'s ban on cryptocurrencies, meaning it's now more difficult for you to sell or buy crypto / bitcoin in India. Cryptocurrency: A New Digital Future or Cause for Concern?
Will bans and regulations regulate Cryptocurrency?
Countries mitigating the negative impacts of Crypto through bans and regulations.
Attempts to ban and regulate Crypto by India and the USA.
Will bans or regulations from India and the USA work?
Cryptocurrency Bans: Regulating the Digital Future of 2019
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