I wonder how such law will be enforced if indeed it is true. Are phones and other internet devices going to be searched? Or will they monitor internet traffic for cryptocurrency transactions? I read months ago that people still use cryptocurrencies in China despite government stance on them. If things can be that difficult for Chinese government to handle, wonder how India will cope with its little internet censorship.
It makes me wonder too brother, with the population that they have and the highly and smart intelligent guys that are in India, I really wonder how they really intend to achieve this, they will have to put a whole lot of young ones in the prison for this, because one of the country that is keeping cryptocurrency very active is Indian citizens, their engagement in cryptocurrency has been really amazing that the cryptocurrency world can really not do without them and they have also made so much input into the development of the system.
It will be very much difficult to actually implement this policy if the government really knows what they are doing, and they need to be careful in making a decision that they might regret in the future when cryptocurrency eventually becomes worldly recognized.
