However, the free email services will shut down addresses being used
for illegitimate activities.
The panel appreciated the stance of the government and said it wants to wholeheartedly support the government in move to check use of cryptocurrency
for illegitimate activities.
Not exact matches
We all know the drill when it comes to online hookup sites; it's always important to keep an eye out
for any hints of scamming or
illegitimate activity of any kind.
The Indian finance minister, Arun Jaitley's budget speech on February 1st, stating that «the government does not recognize cryptocurrency as legal tender or coin and will take all measures to eliminate the use of these crypto - assets in financing
illegitimate activities or as part of the payments system,» added to the existing FUD (Fear, Uncertainty, and Doubt) in the market
for cryptocurrencies, sending major crypto - assets down to bargain levels.
While his comments focused on
illegitimate activity, reports suggesting the statement signaled a broader cryptocurrency ban indicate a need
for further clarification from Jaitley.
To make things worse
for an already volatile market, India's finance minister Arun Jaitley, also said that the country's government «does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these crypto assets in financing
illegitimate activities or as part of the payment system.»
While this was a misrepresentation of the actual comments (which only mentioned a crackdown on
illegitimate activities), this story ended the last hope of a smooth recovery
for the bitcoin price.