India is set to put in place legislation outlawing the use of digital currencies in the country or even the mere possession of such assets, a report claims.
Cryptocurrency exchange Independent Reserve claims that as many Australians (17%) as own more than one investment property also own digital currencies, and predicts that more than half the population under 40 will own cryptocurrencies in five years.
The value of the cryptocurrency bitcoin has fallen below US$3500, the lowest it has been since September 2017, with reports that it fell to US$3447.58 on Sunday.
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