India may be moving faster to a complete crypto ban, after a new inter-ministerial note surfaced, suggesting a readiness to impose prison time penalties for anyone handling digital assets.
A specially appointed Inter-Ministerial Committee, convened first in 2017, has come up with a report that is now presented to the Indian Government for review. Along with the report, an earlier bill also circulated, pointing to harsh penalties for handling digital assets.
The aim to ban crypto assets in India has worried the entire crypto ...