Story India is set to ban Bitcoin, Dogecoin and other crypto money with move that targets miners and traders The uncertainty around cryptocurrencies in India continues as the government is now planning to propose a new law which will not only ban digital money but will also fine anyone trading in the country or even holding such digital assets. Manas Tiwari | March 15, 2021 | Updated 14:11 IST The government has been planning been an action against cryptocurrencies for past few months. Highlights Action will be taken against crypto investors. Investors likely to get six month window to liquidate assets. The uncertainty around cryptocurrencies in India continues as the government is now planning to propose a new bill which will not only ban digital money but will also fine anyone trading in the country or even holding such digital assets. This will impact Bitcoin, Dogecoin and other crypto money investors. The new bill proposes to criminalise possession, issuance, mining, trading and transferring crypto-assets, a senior government official told Reuters.