Indian cryptomarket is hopefully looking into july 20,2018 for a relief on the impact produced by banning of cryptoassets in the country.During december,2017 the government has initiated the banning of cryptoassets through various circulars.From that point , the cryptomarket in the country is under the shackles of the ban.Cruptomarkets are down and price of cryptoassets falled and is still falling due to lack of demand.As the ban continues,traders are reluctant to get in touch with crypto and this reluctance is clearly reflecting in the Indian crypto markets.
However,traders are expecting positive feedback for crypto from the SC on july.This expectation is backed by two reasons
No 1-Speculations that the court haven't assigned any Internal Committee for researching about cryptoassets before implementing the ban.That is the banning was not backed by any research support.
No 2-Rumours for legalising crypto with tax regulation .
Though the above facts are speculations and rumours,Cryptotraders in the country hopes a positive result on July 20,2018.
Congratulations @shibin7! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard!
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @shibin7! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit