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Published: Wednesday, November 24, 2021, 19:20 [IST]

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New Delhi, Nov 24: The Union government is all set to introduce a bill for cryptocurrency in the winter session. The government is going to bring a bill to ban private cryptocurrency. The crypto market collapsed as soon as this news came out. All cryptocurrencies, including Bitcoin, have fallen sharply. It is important to know about the private cryptocurrencies that the government is talking about banning.

    What is private cryptocurrency, the government is going to ban them, this is the list

While the government is preparing for a complete ban on private cryptocurrency in India, the RBI will release its digital currency. If the government believes that having cryptocurrency in private hands is a safe haven for investors, then the government wants to ban it. However, with the exception of one country, Salvador, no country has recognized cryptocurrency. Let me tell you that cryptocurrency is a decentralized system over which no one has control. It is not controlled by any government or company, which is why it is so volatile. This currency works on blockchain technology and the distribution system. The important thing is that not many hackers can hack this technology and no one can tamper with it.

List of cryptocurrency in India

Bitcoin, Bitcoin (BTC), Etherium (ETH), Tether (USDT), Cardano (ADA), Ripple, Polcadot, USD Coin, Sheeba Inu, Lightcoin, Uniswap, Channellink, Polygon, Bitcoin, Bitcoin Cosmos, Monero, EOC Coin, IOTA, Zcash, Bitcoin SV, Neo Coin, Dash Price, MEM Price, Quotum, Zilliqa, SusieSwap, Status Coin, Augur Baby Doggy, DIA, Dogif, Bitcoin Hedge, Doggy Token, Floki, Hucesky, Nano, Kishu Inn, Dog Killer, etc.

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English content

What is private cryptocurrency, the government is going to ban them, this is the list

Story First Published: Wednesday, November 24, 2021, 19:20 [IST]

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