Indian Government Reportedly Plans to Block Crypto Exchange IPs

[Micky]

The Indian government is considering to block the internet protocol (IP) addresses of cryptocurrency exchanges as a part of its upcoming ban on digital currencies, according to a report by Business Standard.

“By doing so, the government may succeed in blocking known sources of platforms permitting trading and investment of cryptocurrencies. Still, the measure taken will not be foolproof in successfully executing the ban,” an industry insider told local media.

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The government already listed the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, in the bulletin of the ongoing Parliamentary session, which will end on April 8 but did not table the bill yet.

Indian Government Reportedly Plans to Block Crypto Exchange IPs
https://cryptonews.net/493979/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

[Altcoin1998$]

India my neighbour county where cryptocurrencies are valid but recently Indian government already decided to cryptocurrencies ban and already started to banning. Just a sad news for all cryptocurrencies supporters.

[sery2013]

They won't do any good. There are a lot of users from this country who work with cryptocurrencies.
And people will find other ways anyway...
VPN and other services have not been canceled, those who need it will still trade or make exchanges.

[Triedboy]

In fact, it is impossible to stop cryptocurrency in a country where the use of cryptocurrency is fully introduced. No matter how hard the Indian government tries, I believe it may never be able to ban cryptocurrency. In fact, I have heard that the Indian government is doing this to abolish cryptocurrency, but it may never be possible to do so.