Some cryptocurrency firms in India see dip in new customer sign-ups

New customer sign-ins registered by Indian cryptocurrency exchanges have declined over the past week, as more people worry about a ban on virtual coins in the country.

Indian cryptocurrency exchanges have witnessed a drop in the number of new individuals signing up on their platforms in light of the new cryptocurrency bill, which will be tabled during the Winter Session of Parliament.

Potential cryptocurrency investors are staying put at the moment, due to a growing buzz that the government is planning to ban private cryptocurrencies with the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.