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Draft bill for India proposes 10-year prison term for anyone dealing in cryptocurrency

 
Anonymous Coward
User ID: 76735334
United States
06/12/2019 06:25 AM
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Draft bill for India proposes 10-year prison term for anyone dealing in cryptocurrency
Holding, selling or dealing in cryptocurrencies such as Bitcoin could soon land you in jail for 10 years.

The "Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019" draft has proposed 10-year prison sentence for persons who "mine, generate, hold, sell, transfer, dispose, issue or deal in cryptocurrencies.

[link to www.indiatoday.in (secure)]

No crypto for you or you will do serious time.
Anonymous Coward
User ID: 75189721
Belgium
06/12/2019 07:07 AM
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Re: Draft bill for India proposes 10-year prison term for anyone dealing in cryptocurrency
It is a waste of energy anyway,for what turns out to be hot air ...