“No Cryptocurrency Ban,” Says Indian’s Minister of State for Finance

In the past months, there have been rumours about an imminent bitcoin ban in India. However, a government official recently stated that there were no plans to ban bitcoin or any cryptocurrency in the country as revealed in a July 16, 2019, Q&A with the nations Minister of Finance & Corporate Affairs, Anurag Thakur.

Ban Speculation Dismissed

CEO and founder of Indian cryptocurrency exchange, WazirX, Nischal Shetty, who has been leading the campaign for crypto regulations in India on Twitter, recently tweeted that India hasn’t decided on crypto regulations and the government was taking necessary steps.

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