India’s proposed Cryptocurrency ban

according to Reuters, an extreme law that not only bans trading and mining, but also possession of cryptocurrencies. About a one minute read.

Comment: I recall India talking about a ban as far back as 2018. Not sure why it didn’t progress. Oh and banning possession? Yeh, good luck with that. Not only can every smart device host a wallet, but some non custodial wallets look like USB sticks (e.g., Ledger). This is unworkable. Wonder that the real angle is?