The Zanzibar government will meet with cryptocurrency stakeholders this month - Aliens: AI Crypto News & Markets Updates

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The Zanzibar government will meet with cryptocurrency stakeholders this month

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Aliens

Tue, Nov 16, 2021

Zanzibar Minister of State Mudrick Soraga revealed that the government plans to meet with cryptocurrency stakeholders in the third week of November. Soraga said that we are seeking advice on this matter before deciding whether it is feasible. Without the opinions of stakeholders (including banks, the Ministry of Finance and the Ministry of Foreign Affairs), such a decision cannot be made.

Source: Bitcoin News

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Proposed India bill banning crypto payments could mean jail for violations -document

Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also seeks to make those who infringe the law subject to arrest without a warrant and being held without bail, according to a source and a summary of the bill seen by Reuters. Prime Minister Narendra Modi's government has previously flagged that it plans to ban most cryptocurrencies - a move which follows measures by China this September that intensified its crackdown on cryptocurrencies. According the summary of the bill, the Indian government is planning a "general prohibition on all activities by any individual on mining, generating, holding, selling, (or) dealing" in digital currencies as a "medium of exchange, store of value and a unit of account".
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