India’s Crypto Bill Proposes ‘Arrest Without Warrant:’ Report

India’s Crypto Bill Proposes ‘Arrest Without Warrant:’ Report
The proposed crypto bill by the Indian government may bring about tougher measures for crypto, including stricter jail term for rule violators, Reuters reported on Tuesday, citing an unidentified source and the summary of the draft bill.The government is planning a “general prohibition on all activities by any individual on mining, generating, holding, selling, (or) dealing” in digital currencies as a “medium of exchange, store of value and a unit of account,” according to the summary of the bill seen by Reuters.Individuals who are found in violation could face arrest without a warrant, which could be “non-bailable,” the report added.India’s…