Private Cryptocurrency Ban List by Government in India

Private Cryptocurrency Ban List : Govt of India to Ban All Privacy Tokens. Cryptocurrency Bill All You Need to Know About Private Crypto That Govt Seeks to Ban. Crypto coins like Bitcoin, Ethereum, Dogecoin, Shiba Inu are among the popular cryptocurrencies of which most people are aware. However, there are a good number of cryptos that are sold based on their privacy factor.

Private cryptocurrency, the one which the government will likely ban, clouds all private information of the user thus making the crypto transaction untraceable.

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which will be introduced in the next session of Parliament “seeks to prohibit all private cryptocurrencies in India” but allows for “certain exceptions to promote the underlying technology and its uses”, according to the Lok Sabha bulletin issued Tuesday evening.

Private Cryptocurrency List Ban in India:

Government Announced a ban on all private cryptocurrencies in India don’t invest your money in this private token. You will face legal issues in future if you invest your money below given Private Cryptocurrencies Tokens.

  • Monero (XMR)Dash coin
  • Zcash (ZEC)
  • Verge (XVG)
  • Beam
  • Grin
  • Horizen (ZEN)
  • ByteCoin (BCN)
  • Firo (FIRO)
  • Super Zero Protocol (SERO)
  • BTCX India
  • UCoin
  • Delta

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