Big Red Car here getting ready for a trip to Sam’s.
So, I’m reading a few things and stumble on an interesting article about India and its attitude toward crypto. This is interesting for a number of reasons, not the least of which is that twenty percent of the world’s population lives in India.
Here is the famous Gateway to India which will likely not become the Gateway to Crypto if a proposed law is approved.
The “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019” levies a ten-year prison sentence on any individual who might “mine, generate, hold, sell, transfer, dispose of, issue or deal in cryptocurrencies.”
This is what is called a broad stroke. Not much left to the imagination. Not subtle.