Crypto ban : The panic continues in India !
In last 24 hours many people gone crazy and sold there Crypto Currencies in my country. All this because of the bill that is yet to be introduced in the parliament and is not yet cleared what's its all about.
Now as this situation was seen by the various Crypto expert of the country they came forward and asked people to not panic. I saw that usdt was trading at 60 INR and usually it is trading between 75-80 INR.
The reason why usdt was trading this low is quite simple. People sold their cryptocurrency for usdt and then usdt for inr ( Indian National rupees ). This actually became the reason for the great dump of price of usdt.
I told in my last post about Crypto ban in India that there will be laws and they will try to regulate cryptocurrency so do not panic.
But i have recieved messages from my friends about Crypto ban. just see one of the screenshot i am sharing where my friend is saying that Crypto will be banned.
I gave the link to my recent publication to my friend and have asked him to wait for 29th November. I am saying this prior to 29th November only that there will be no ban but maybe some laws because government want to tax Crypto Currencies as well.
Anyways , that's all for now. If you are from India i would request you to not panic and hold onto your currencies.
Thanku
Regulations and taxing doesn't sound so bad, people should wait and hear the laws first before dumping.