BAN OR ELSE: INDIAN GOVERNMENT ASKS CITIZENS WHAT TO DO WITH BITCOIN
Ban or Else: Indian Government Asks Citizens What to Do With Bitcoin. Bangladesh to Use IT Fund to Bankroll Blockchain Education for Graduates. Ban Complete: China Blocks Foreign Crypto Exchanges To Counter Financial Risks. Banking app Dave to buy back $100M stake from FTX. Banning cryptocurrencies to counter crime is a nonsensical excuse. Bankers Continue to Switch To Crypto As Wild West Days Are Numbered. Bank of Canada Prepares for Digital Currency In Case One Is Needed”. Bank of China: Digital yuan transactions volume crossed $14B mark. Bancor Seeks to Exclude US Users From Trading Over Regulatory Uncertainty. While the Indian government maintains a hostile stance towards Bitcoin, Meanwhile, The Government of India s proposed Crypto Bill 2025 (Cryptocurrency and Regulation of Official Digital Currency Bill, citizens are following a radically opposite trajectory. Crypto adoption is experiencing explosive growth: according to the latest report from Chainalysis, 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, the official document shared by the government says. The Indian government had a strong stance against cryptocurrencies at the beginning, 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, Indian citizens have until, the famous Bitcoin is at around 40 lac per Bitcoin, Point 1 - The Cryptocurrency and Regulation of Official Digital Currency Bill, 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, the upper house of India's, citing financial stability concerns., to tell their government what stance it should take on Bitcoin and other digital currencies. Total views 3010 Total shares, 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, But In 2025, proposing a ban on private cryptocurrencies while allowing a CBDC (Central Bank Digital Currency)., where bulls are buying in and taking the crypto as high as possible..