India Indian bill proposes jailing people using crypto for payment The Indian government plans to prohibit the use of digital currencies as "a medium of exchange, as a store of value, or as an accounting unit" in the country.
India India's broad crypto ban is spooking Bitcoin investors On Monday, India proposed a law banning cryptocurrencies, fining anyone who buys, sells, holds or trades digital assets, kicking off a 10% pullback from Bitcoin's ATH of $61,800 on Saturday.