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India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told reuters. Cryptocurrency latest news by priya dialani may 5, 2021 cryptocurrency in india is set to open new doors for indian investors in may 2020, the supreme court of india gave india the much needed boost in terms of cryptocurrency by overturning the cryptocurrency ban in india that was levied by reserve bank of india (rbi) in 2018. Hyderabad (telangana) india, april 12 (ani/businesswire india): Nearly 7 million indians hold cryptocurrencies worth over $1 billion and there has been an over 700 per cent increase in the last year, according to official estimates. Cryptocurrency latest breaking news, pictures, photos and video news. Cryptocurrency news today play an important role in the awareness and expansion of of the crypto industry, so don't miss out on all the buzz and stay in the known on all the latest cryptocurrency news. After the news of the supreme court lifting. In fact, he made the donation also using the digital coin shiba inu, which has been gaining popularity off late. Effective today, any company that deals in cryptocurrencies will have to disclose their entire crypto holdings to the government as part of their financial statements. However, according to the latest news, trading cryptocurrencies in india can be soon legalized with the condition of strict regulations. Cryptocurrency bitcoin creates new record, passes usd 60,000 for first time. India is introducing new cryptocurrency disclosure rules. Two new cryptocurrency trading platforms are launching in india while existing crypto businesses seek clarification from the central bank, the reserve bank of india (rbi).