BJP MP Nishikant Dubey Seeks Ban On Cryptocurrencies
NDTV
BJP MP Nishikant Dubey asserted that cryptocurrencies are based on dark net technology and would be used for drugs, prostitution and terrorism.
BJP MP Nishikant Dubey on Monday sought a ban on cryptocurrencies, asserting that they are based on dark net technology and would be used for drugs, prostitution and terrorism.
Raising the issue during the Zero Hour in the Lok Sabha, he likened the situation prevailing in the country with respect to cryptocurrencies with "Tulip mania" in Holland in 1600s.
"From 2013-14, our member Shivkumar Udasi has been contending that this should be stopped, it is based on dark net technology and this would only be used for drugs, prostitution, terrorism, arms," Mr Dubey said.
"The whole world is troubled by it. The RBI has been saying continuously that this should be completely banned," he said.
