Bitcoin Ban Means Massive Brain Drain for India, Crypto Industry Warns By Cointelegraph


© Reuters. Bitcoin Ban Means Massive Brain Drain for India, Crypto Industry Warns

India is seeing the first signs of an anticipated brain drain, as the government mulls stark legislation that would criminalize domestic cryptocurrency investments.

A Sept. 16 Economic Times report has taken the measure of industry sentiment on the ground, as a proposed blanket ban — currently still in the form of draft legislation — awaits its formal review process by lawmakers.

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