North Korean hackers stole $400m in crypto in 2021: Chainalysis

India announces bill to ban cryptocurrencies

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Mumbai: Parliament stated in a shocking announcement on Tuesday night that the Indian government will introduce a bill to ban private cryptocurrencies and create a framework for digital currencies supported by the central bank.

Lok Sabha stated that the proposed bill “is aimed at banning all private cryptocurrencies in India” after Prime Minister Narendra Modi (Narendra Modi) warned last week that Bitcoin poses a risk to the younger generation. The wrong hand”.

This is the latest move by major emerging economies after China declared all cryptocurrency transactions illegal in September.

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