News Snapshot:
Earlier in the year, China banned Bitcoin mining and trading, causing the market to plummet. This past Tuesday (23), the Indian government revealed that it will announce a new bill that also intends to ban most cryptocurrencies and create a digital currency controlled by the country’s central bank. Unsurprisingly, India is not happy with the cryptocurrency market: a few months ago, India’s lawmakers began discussing the risks and planning to launch a digital currency, as China also did with the renminbi. Cryptocurrencies causing problems Among the problems cited by lawmakers, one of the biggest is the alleged misinformation caused by...
