Cryptocurrency Bill: Opposition Leaders Lash Out at Government After Reports of Bill to Ban All Private Cryptocurrency (Read Tweets)
The Indian government will introduce a bill to ban private cryptocurrencies and create a framework for a central bank-backed digital money, parliament said in a shock announcement late Tuesday.
The Indian government will introduce a bill to ban private cryptocurrencies and create a framework for a central bank-backed digital money, parliament said in a shock announcement late Tuesday. Opposition leaders lashed out at the government after the reports of the bill to ban all private cryptocurrency.
Check out the tweets here:
Tehsin Poonawala retweets to oppn leader Priyanka Chaturvedi
Very well articulated @priyankac19 . "Banning #cryptocurrecy will Punish India." https://t.co/5TwEpMzEyS
— Tehseen Poonawalla Official 🇮🇳 (@tehseenp) November 24, 2021
Opposition leader Priyanka Chaturvedi shared Former RBI Governor D. Subbarao's advise
Former RBI Governor D. Subbarao makes an important point on banning crypto. His advise - regulate not ban, do not recognise it as a legal tender but asset class— like Japan, Singapore and Britain.
But no, the GoI is allergic to sound advise. pic.twitter.com/nByO8tvyMY
— Priyanka Chaturvedi🇮🇳 (@priyankac19) November 24, 2021
Abhishek Singhvi lashes out at government
After competently overseeing the rise of fuel, oils, fruits, vegetables & nearly all essentials, this government could not see some of its citizens making money through crypto trading. Therefore they are deciding to ban it.
— Abhishek Singhvi (@DrAMSinghvi) November 24, 2021
(The above story first appeared on LatestLY on Nov 24, 2021 01:54 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).