‘Avoid Ban on Private Cryptocurrencies,’ Indian Technology Think Tank CIS Recommends
The Indian government should avoid a ban on private cryptocurrencies, according to a report by Indian non-profit organization Centre for Internet and Society (CIS), which has been cited by lawmakers for reference in the past.The report comes as the Indian government is looking to introduce a crypto bill that will reportedly ban most private cryptocurrencies. But first it needs to be approved by the ruling cabinet and then the parliament. However, recent reports suggest that this process could be delayed by several weeks.CIS has previously been part of a group that delved into the “Right to Privacy” in India. The…