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India might tighten crypto rules instead of imposing an outright ban, crypto exchange boss says

India might tighten crypto rules instead of imposing an outright ban, crypto exchange boss says
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India is set to propose a new cryptocurrency bill in parliament, and investors are trying to make sense of what this might mean for the future of virtual coins in South Asia’s largest economy.

Lawmakers may ultimately opt to impose tough regulations on the crypto market instead of an outright ban on private coins, according to a top executive at Zebpay, one of India’s largest crypto exchanges…

To read more: https://www.cnbc.com/2021/11/25/crypto-india-may-tighten-rules-not-impose-outright-ban-zebpay-says.html?

SOURCE: CNBC

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