Will India approve a ban on all private cryptocurrencies in the country in 2021?
Market Rules
In Junuary 2021, India introduced a bill that, if approved, could ban all private cryptocurrencies from the country. The bill proposed, at the same time, a facilitative framework for creation of an official national digital currency that would be issued by the Reserve Bank of India.
If by the end of 2021 the Parliament of India passes any legislation that bans private cryptocurrencies from the country, this market will be resolved as "Yes".