10-year Jail For BUY/ SELL/ HOLD CryptoCurrency in India ?
Anybody in India dealing in cryptocurrencies will be sent to jail for 10 years, says a proposal in the draft of Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, 2019. According to a report by Bloomberg Quint, the penalty is applicable to those who “mine, generate, hold, sell, transfer, dispose, issue or deal in cryptocurrencies directly or indirectly.”
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