India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets - Business (2)

India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets (45054 Views)

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Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by Racoon(m): 12:18pm On Feb 13, 2021

Myopic thinking!

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by Obasanjoslim: 12:19pm On Feb 13, 2021

nothing to surprise about, what is the different between Nigeria and India... population without organized govt...

3 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by sucess001(m): 12:19pm On Feb 13, 2021

America is beginning to support it...we all know they determine financial systems don't we?

https://www.americanexpress.com/us/foreign-exchange/articles/us-banks-support-cryptocurrency-payments/

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by uboma(m): 12:19pm On Feb 13, 2021

Please read more about Yusuf Adeiza Kabiru the serial Scam Artist on,

https://www.nairaland.com/6412026/yusuf-adeiza-kabiru-serial-scam

1 Like

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by Ugo4hotish(m): 12:19pm On Feb 13, 2021

PeaceLoveJoy:
Poor countries are resisting it. Lol. The future is e-currency. It is obvious why they are poor.

You're mad to say India is poor

2 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by FlordFlorez(m): 12:19pm On Feb 13, 2021

wahala for yahoo guys

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by lkillbrokehoes: 12:19pm On Feb 13, 2021

Why is it only poor countries that they are banning cryptos? nawa oh

2 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by Bsure: 12:20pm On Feb 13, 2021

India the home of top tech guys

1 Like

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by Obasanjoslim: 12:20pm On Feb 13, 2021

Bsure:
India the home of top tech guys

continue to deceive yourself

3 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by persius555(m): 12:20pm On Feb 13, 2021

Only countries with very low individual spending power see Blockchain currency as a threat

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by lkillbrokehoes: 12:21pm On Feb 13, 2021

Ugo4hotish:
You're mad to say India is poor

India is poor, it's a shíthole country.

8 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by nairalandankrah: 12:21pm On Feb 13, 2021

Virus99:
Shut your ignorant mouth !

Lols..see painment.
Third world citizen from a third world country..
Utterly hopeless..

5 Likes 1 Share

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by nairalandankrah: 12:22pm On Feb 13, 2021

lkillbrokehoes:
India is poor, it's a shíthole country.

Complete shithole country

8 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by Virus99: 12:23pm On Feb 13, 2021

nairalandankrah:
Lols..see painment.
Third world citizen from a third world country..
Utterly hopeless..

Ok. We don hear you. Now go join the rest of your ignorant twats.

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by Dangrace01: 12:23pm On Feb 13, 2021

Lol

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by wilsonoakes(m): 12:25pm On Feb 13, 2021

Poor Countries Are Banning Crypto currency.

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by Damsyjay(m): 12:25pm On Feb 13, 2021

Well not surprised..India and Nigeria are same Shithole countries

7 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by iamJ(m): 12:26pm On Feb 13, 2021

they want to leave americans exposed cheesy

mistakes governments were making before was going directly after the currency, attack the users and it will return to the underworld where its needed

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by alizma: 12:27pm On Feb 13, 2021

Ahmback:
There is more to this bitcoin of a thing than we know.

Ways of frustrating humans never ceases to exist.

If you have not been a victim, you will not understand.
Majority of the transactions with crypto currency can't be traced to their originating channels thereby making activities with that medium of exchange difficult for financial and security agencies to monitor.
Any country that can't boast of it's ability to control financial activities cannot boast of it's control of it's political terrain and I hope you know what that means in a long run?

5 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by byinks(f): 12:27pm On Feb 13, 2021

Ahmback:
There is more to this bitcoin of a thing than we know.

Ways of frustrating humans never ceases to exist.

Brilliant observation....btc is about to hit 100k and above....3rd world economies and IMF slaves are not invited.

3 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by emmanuelewumi(m): 12:27pm On Feb 13, 2021

Brendaniel:
However, according to the official, the ban would not be imposed overnight, as in the case of Nigeria. Instead, investors would be given three to six months to liquidate their investments.

Buhari's government way of handling matters is like You seeing a snake in your farm and you call Buhari for help to catch the snake, Buhari claiming to be an expert sets your entire farm on fire and brings the dead snake to you ...

CBN did not ban crypto currency trading, Nigerians are still cashing out big time as we speak.

CBN merely said platforms of Nigerian banks should not be used

6 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by htdot: 12:28pm On Feb 13, 2021

PeaceLoveJoy:
Poor countries are resisting it. Lol. The future is e-currency. It is obvious why they are poor.

Idea is not a poor country.... There is difference between a poor country and developing country, incase you don't know

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by adesegun121(m): 12:29pm On Feb 13, 2021

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by egoldman(m): 12:29pm On Feb 13, 2021

Indian government also plans to introduce its own digital currency.

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by kuuljay(m): 12:30pm On Feb 13, 2021

lkillbrokehoes:
Why is it only poor countries that they are banning cryptos? nawa oh

India is poor but your brothers are migrating there in droves,maybe to go and enjoy poverty

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by IamDavid(m): 12:30pm On Feb 13, 2021

htdot:
Idea is not a poor country.... There is difference between a poor country and developing country, incase you don't know

India is a poor country. In fact, 70 percent of them live in poverty.

6 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by id4sho(m): 12:30pm On Feb 13, 2021

Welcome development. Nigerian & Indian scammers love using bitcoin.
#NONSENSE INGREDIENTS

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by iamJ(m): 12:30pm On Feb 13, 2021

sucess001:
America is beginning to support it...we all know they determine financial systems don't we?

https://www.americanexpress.com/us/foreign-exchange/articles/us-banks-support-cryptocurrency-payments/

its not bitcoin

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by htdot: 12:32pm On Feb 13, 2021

IamDavid:
India is a poor country

You can go back to school... You know nothing.... A country that proposed 200billion dollar for covid 19 stimuli is a poor country?

2 Likes

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by goatmeat1(f): 12:32pm On Feb 13, 2021

Country wey get sense

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by slowice(m): 12:33pm On Feb 13, 2021

And they gave their people 6months to liquidate their investments but one country with illiterate leaders prefer military style operation and the use of brute force to ve their way

1 Like

Re: India Bans Cryptocurrencies, Gives Investors 6 Months To Liquidate Their Assets by oloyedewaris(m): 12:34pm On Feb 13, 2021

Obasanjoslim:
nothing to surprise about, what is the different between Nigeria and India... population without organized govt...

So India is now undeveloped, nawa for una oo

1 Like

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