Unregulated Deposit Schemes Bill
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FUD Alert: No Mention of Bitcoin or Cryptocurrency in New Cabinet Bill by Indian Govt.

The approval of Unregulated Deposit Schemes Bill, 2018 cabinet resulted in a panic when some Indian media houses manipulated the news and linked the otherwise bill with the cryptocurrencies and bitcoin. Some media houses were even reported to even call it “bitcoin bill”  which is a false interpretation of the news. Cryptocurrency or bitcoin considered

The approval of Unregulated Deposit Schemes Bill, 2018 cabinet resulted in a panic when some Indian media houses manipulated the news and linked the otherwise bill with the cryptocurrencies and bitcoin. Some media houses were even reported to even call it “bitcoin bill”  which is a false interpretation of the news. Cryptocurrency or bitcoin considered