India to Ban Elon Musk

charlielee
2022-10-28 05:12:15

India plans to ban Elon Musk from ever entering the country, putting a dent on India’s hopes of joining the pioneers in the space race.

According to a senior government official, Elon Musk would be fined for ‘criminal possession,’ but the official declined to say whether he would be but in jail as well as get fines.

That’s unless Elon Musk liquidates certain assets within six months, in particular his dogecoins and bitcoins.

dianasmith
2022-10-28 05:14:34

It looks like India has started a new chapter again which is all about crypto. previously a few days ago there was a plan to ban everything related to crypto. by creating a rule that will fine anyone who trades in the country or even holds such digital assets. of course it is clear that there will be rejection from millions of crypto holders there, surely these rules are detrimental to them.

now re-emerging with a feud with @elonmusk because it also involves crypto issues.
It seems like India wants to do something that may include a new breakthrough or something and can't conclude at this time. and will find out in the future after all is wide open about this.

quite concerned as a crypto user and can only say that because this is the authorization of the government there.