Welcome back to Coin Idol TV news channel. We are featuring a news digest as of May, 16, covering the following topics: Thailand enforces cryptocurrency legal framework, Indian cryptocurrency entrepreneurs protest against cryptocurrency ban.
The Reserve Bank of India banning any dealings with cryptocurrency in the domestic market caused a lot of fuss amongst the Indian crypto community. Many entrepreneurs and enthusiasts protest against the move arguing that it is a violation of fundamental rights. In fact, it even led some people to turn to the courts.
Recently introduced policy taxing cryptocurrency led to a large demonstration in front of Polish Ministry of Finance. On April 20, cryptocurrency traders, including some respected politicians, publicly expressed their disapproval of the new fintech regulating legislation with a protest.