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Crypto crash: Did India’s plan to ban private digital coins cause a market dip?

Published on Nov 24, 2021 01:53 pm IST

All major cryptocurrencies such as Bitcoin, Ethereum etc saw a fall of around 15 per cent and more on November 23. This came hours after the Indian government said it will introduce a crypto bill in the Parliament’s Winter Session. The Indian govt will be introducing a bill in the Parliament to ban private cryptocurrencies. Bill likely to create a framework for an official digital currency to be issued by the RBI. However, digital currency analysts cited a number of factors behind the crash. Watch the full video for more.

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