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New Indian law will allow only a few cryptocurrencies, government says

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MUMBAI (Reuters) – India is trying to bar all however a couple of non-public cryptocurrencies when it introduces a cryptocurrency and regulation invoice within the winter session of the parliament, the federal government mentioned late on Tuesday.

The federal government will permit solely sure cryptocurrencies to advertise the underlying expertise and its makes use of, it mentioned, based on a legislative agenda for the winter session.

(Reporting by Aftab Ahmed; Modifying by Peter Graff)




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