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Author Topic: 📜Indian Lawmakers Propose Adoption of 10-Year Jail Term for Crypto Dealings📜  (Read 53 times)

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Offline Kriptolab

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Indian lawmakers have reportedly proposed to enforce a 10-year jail term for citizens who deal with cryptocurrencies, local financial news agency  BloombergQuint  reports on June 6.

The new tough crypto regulation is a part of a recently proposed  draft  bill called “Banning Cryptocurrencies and Regulation of Official Digital Currency Bill 2019,” according to a  report  by crypto news outlet The Block.

The regulation will reportedly relate to those who mine, hold, buy and sell cryptocurrencies, as well as those who deal with cryptocurrencies directly or indirectly in the country.

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Offline imorpheus

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this will make mobile mining more important. since in india, no body can host crypto server any more. india is a huge country. mobile mining will be the only way to mine given that law.
iMorpheus
TAU - True Asset Unit - Mobile and Decentral

Offline Kriptolab

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The recent happening of crypto bans in most countries is due to the prevailing cost of running the mining facilities, seem to be environmentally unfriendly speaking of POW consensus.

Hope to see the best results after solving the current technical difficulties in TAU, as in India, TAU will be next great and big thing in most countries, the future is for mobile based coins/tokens, TAU will be the first to show the way.

Keep the good work team
📌Kriptolab📌 
🏆TAU - True Asset Unit || The Decentralized Coin || An Experimental Proof of Transaction Coin On Mobile Mining || POT🏆

Offline droyal01

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Mobile mining is now the option as it isn't possible for crypto trading anymore in India. This would boasten tau mobile mining. TAU foundation really has a good plan and project in progress which in time or gradually all in blockchain would adopt immediately. I see TAU surpassing bitcoin.

Offline Bhwenge Gabriel

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Mmmmh thats Terrible .....and what if it comes to our country???
 But let's keep on going good things are. Ahead us.
#Tau__Taut___Family ...

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