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Should Cryptocurrencies Be Banned? Your Views.

BloombergQuint’s readers shared their view on banning cryptocurrencies...

A bitcoin token, left, a litecoin token, centre, and an ethereum token, sit in this arranged photograph. (Photographer: Chris Ratcliffe/Bloomberg)
A bitcoin token, left, a litecoin token, centre, and an ethereum token, sit in this arranged photograph. (Photographer: Chris Ratcliffe/Bloomberg)

India plans a law to ban cryptocurrencies even as Bitcoin and other digital tokens are gaining acceptance elsewhere in the world.

The government is likely to offer a transition period to holders of cryptocurrencies in the nation to liquidate their investments.

BloombergQuint asked readers and viewers to share their views on the potential ban. Based on the responses received, the majority prefer regulation over a blanket ban. Though a few agree with the government approach on a ban. To be clear, since the Bill has yet to be made public, its scale and scope is still unclear.

Here's what they said:

Opinion
India’s Crypto Investors Weigh Options Ahead Of Impending Ban

BloombergQuint also received written responses on social media:

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