Private Cryptocurrency List In India 2021 Will Be Banned Check Meaning And Definition

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Once again the Cryptocurrency market is dumped and all the cryptocurrency coins and token are fallen terribly. In this article, we going to tell you about the private cryptocurrency list. Because after the Indian government announcement of the cryptocurrency bill the whole market has been dumped. The bill has clearly mentioned the ban on private cryptocurrencies. Even the USDT is also fallen to INR 67 from its previous price which was INR 80. The current panic in the market is making people fear and everybody just looking for hope.

Private Cryptocurrency List In India

Indian exchanges of crypto like Wazirx, Coindcx and many more everywhere the price has been fallen to the surface. So, if you want to know the details then stay here and get all the details completely. Also, visit BusinessPatrika.com

Private Cryptocurrency List In India

The cryptocurrency investors in India is facing such terrible for a few hours especially after the announcement of the bill. As per the news, the Indian government has decided to ban private cryptocurrencies which are getting used in illegal activities such as terrorism and all. The major purpose to bring this bill is to increase the transparency of transactions. After this bill, only those cryptocurrencies will be available in India to trade which is public in nature.

Now here is the list of Private cryptocurrencies which you can avoid right now. If you have positions in these private crypto tokens and coins then immediately sell them to save your remaining funds instead of losing overall investment. However, govt will provide a time period to sell these cryptocurrencies and save the remaining investment. You can check this list here.

  • Monero (XMR)
  • Zcash (ZEC)
  • Dash (DASH)
  • Horizen (ZEN)
  • Verge (XVG)
  • Beam (BEAM)
  • Grin (GRIN)
  • ByteCoin (BCN)
  • Firo (FIRO)
  • Super Zero Protocol (SERO)

Indian Govt Cryptocurrency Bill

Also, the available reports say that the RBI (Reserve Bank of India) planning to bring cryptocurrency and people can invest in the RBI cryptocurrency. Even they can do transactions via the Indian cryptocurrency blockchain. As you saw above these are the few Private Cryptocurrency. So if you don’t have positions in these coins and token then there is no such need to worry. Most probably;y Government will take care of Indian Cryptocurrency investors. We hope that market will get relief in a few days after the next announcement over the matter.

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