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India is planning to introduce legislation banning cryptocurrency

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the staff of the Ridgewood blog

Ridgewood NJ, in a new study comparing searches to gage interest in Crypto currencies India ranked second with 804,000 annual online searches about cryptocurrency.

According to Reuters the government of India is planning to introduce legislation banning cryptocurrency, Reuters reports. The law would impose fines on anyone who trades, mines, or even holds cryptocurrency. The government has a comfortable majority in parliament, giving the proposal a good shot at becoming law.

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