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The Ban on Cryptocurrencies

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February 3, 2018 | 

1411 Views | 

Joanna Newman | 

Get Into Cryptocurrency Trading Today

While Facebook has recently announced a ban on advertisings related to cryptocurrency, India is now next in line to put a ban on virtual currency.

The Indian government’s finance minister, Arun Jaitley, says that digital assets are not legal tender, nor are they part of the traditional finance system. Now, the only country to have designated Bitcoin as a legal tender is Japan.

This statement has now, unfortunately, been hijacked by journalists and has created a false atmosphere of fear, doubt and uncertainty, otherwise known as a FUD factor.

With this information, it is still rather surprising to see a common situation turn into a ban for all countries.


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Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.

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Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.

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