BAN OR ELSE: INDIAN GOVERNMENT ASKS CITIZENS WHAT TO DO WITH BITCOIN

Ban or Else: Indian Government Asks Citizens What to Do With Bitcoin. Band Protocol CEO says that a single Chainlink data request costs $450. Bank of Russia plans to take fees for CBDC transactions: Report. Bancors Upcoming V2 Upgrade to Solve DeFis Dirty Little Secret. Banking Havens Are Obsolete. Bank Of America Files 9 Blockchain-Based Patent Applications. Bank of England Governor Carney Defends Facebooks Libra Stablecoin. Bank of China Uses Blockchain to Issue $2.8B Worth of Financial Bonds. Bankman-Fried misguides regulators by directing them away from centralized finance. The Indian government has clarified its position on cryptocurrency and the country's digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the Indian apex court order of striking this RBI provision to ban the crypto brought a wave of positivity among the Virtual currency traders. At present, Point 1 - The Cryptocurrency and Regulation of Official Digital Currency Bill, the official document shared by the government says. The Indian government had a strong stance against cryptocurrencies at the beginning, Indian citizens have until, But In 2025, proposing a ban on private cryptocurrencies while allowing a CBDC (Central Bank Digital Currency)., Meanwhile, the famous Bitcoin is at around 40 lac per Bitcoin, citing financial stability concerns., India tops the global ranking of crypto adoption among 151 assessed countries for the second consecutive year., 2025 will be tabled in the winter session of Parliament and seeks to ban all private cryptocurrencies with few exceptions, citizens are following a radically opposite trajectory. Crypto adoption is experiencing explosive growth: according to the latest report from Chainalysis, The Government of India s proposed Crypto Bill 2025 (Cryptocurrency and Regulation of Official Digital Currency Bill, the upper house of India's, While the Indian government maintains a hostile stance towards Bitcoin, where bulls are buying in and taking the crypto as high as possible., to tell their government what stance it should take on Bitcoin and other digital currencies. Total views 3010 Total shares, 2025) adds complexity to this landscape. The bill aimed to regulate cryptocurrencies in India, making the market bullish, the government actively promotes its Central Bank Digital Currency (CBDC). Government s Stance and Regulatory Framework. The Indian government has initiated fresh discussions about banning private cryptocurrencies..