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Posts tagged as “budget2018”

Cryptocurrency Budget 2018: We want to Discourage People says FM

After a sensational misrepresentation of Mr. Arun Jaitley’s Budget speech on Cryptocurrency by Mainstream media, the crypto prices took a hit on all exchanges. We reported that Bitcoin is not illegal and will not be banned, but the damage of this FUD was done. Amidst the chaos the Finance Minister was interviewed by DD News anchor about “Bitcoins”. Here’s what he had to say Anchor: You have seen a lot…

No Arun Jaitley did not say Bitcoin will be banned

Update: Bitcoin is not banned, Finance Minister says, “They want to discourage people”. Read about it In the Budget 2018-19 speech, Finance Minister Mr. Arun Jaitley maintained the government’s stance by calling Cryptocurrency as unrecognised and that the government will take measures to stop the use of such currencies for illegal activities. “The Government does not consider Cryptocurrencies as legal tender or coin and will take all measures to eliminate…