10 years jail if you hold and trade any kind of cryptocurrency in India after the approval of Crypto regulation bill.
To find the truthfulness of the news, we have taken an initiative and approached India's top crypto leaders and influencers. We will be sharing their opinion and views in this article and other following articles in the text and video as well.
We have approached almost all top cryptocurrency leaders and influencers. The first one to reply for this initiative was Mr. Pushpendra Singh, Who is India's one of the oldest and leading crypto Influencer. He is activity working on youtube, twitter and other social media platform for crypto and blockchain. He is the first one, who has taken the initiative of #ISupportCrypto after the RBI banking ban on cryptocurrency.
As per his opinion, 10 years jail is not possible. It is a kind of joke on our Democratic system, Such type of news came in the past as well like Bitcoin owner died etc. . Indian media need to be more aware before publishing any news regarding cryptocurrency and Bitcoin.
If this news is true, then also it is a lengthy process and it will take time.
According to him, it is not possible to make such kind of bill and put crypto users behind the bars for 10 years for holding, trading in Bitcoin and Cryptocurrency.
Some valid question also raised by Pushpendra Singh :
Why one media channel got access to the draft bill, why not others able to access the draft bill till date ?
Why don't we put people behind the bars who commit crime, why crypto users ?
We are also sharing his opinion and views in video, which is in Hindi language :
This disclaimer informs readers and viewers the views, thoughts, and opinions expressed in the text and video belong solely to the author and expresser, and not necessarily to the author’s employer, organisation, committee or other group or individual.