The sale and purchase of all cryptocurrencies have been stopped in India at this time. The Supreme Court has issued an order to this effect. As a result, the buying and selling of cryptocurrencies were completely stopped. So those who bought cryptocurrency in India have not withdrawn money but are transacting money in some other way. They have lost the ability to transact in public.
The RBI said in a directive." After three months, banks will no longer be able to send money to any cryptocurrency wallet or transfer money from the wallets to the bank,"
India's crypto holders went after mass problems. Thus cryptocurrency transactions are being banned in different countries. Now the question is whether the people of India have stopped cryptocurrency transactions? The answer is no.
The central government considers cryptocurrency dangerous because it cannot be seen and controlled.
