Crypto News Today 1/20/18 || India's Government Sends Tax Notices to Cryptocurrency Traders || EU Cryptocurrency BAN
Chinese government is the leader in terms of cryptocurrency hate. Most of the country now want to joins the party. Just a few months back, Executive director of Reserve bank of India has said " We are not comfortable with Bitcoin or Cryptocurrency". Indian Government is planning to launch fiat digital currency as they are uncomfortable with Bitcoin and Cryptocurrency
We are not comfortable with Bitcoin or Cryptocurrency" - ED, Reserve Bank of India
As always, Government is greedy. First they said they don't like Cryptocurrency. Now they are asking money from the Traders. India's Government Sends Tax Notices to Cryptocurrency Traders
According to Reuters, a survey found that Indian citizens conducted more than $3.5 billion worth of trades and other transactions across a 17-month period. The government also collected data from nine exchanges within the country, and per the report, notices have been issued to "tens of thousands of people." - coindesk
Anyway, Government will do it jobs, Collecting money and spend.
It seems like that EU is joining the hate party. FRANCE and Germany are set to launch a joint crackdown on cryptocurrency i.e. Joint crackdown for what.
The CEO of insurance company Aviva, Mark Wilson, Said that Bitcoin is threat to the country's sovereignty. I never heard this kind of jokes. How this man becomes CEO of a company.
A lot of central banks and regulations are working on bans and regulations around the world. - Mark Wilson
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