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Binance CEO: India’s Insane Anti-Crypto Bill Will Pump Monero and ZCash

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By CCN: The CEO of Binance cryptocurrency exchange, Changpeng Zhao, has predicted that India’s proposed anti-crypto bill will spur the adoption of privacy coins such as Monero and ZCash in the country. Zhao, who runs one of the world’s largest cryptocurrency exchanges by trading volumes, hinted that such a development would be highly significant monumental noting that around 20 percent of the global population resides in India. As earlier reported, the draft anti-crypto bill proposes a 10-year jail sentence for anyone who directly or indirectly mines, generates, holds, sells, transfers, disposes , issues or deals in cryptocurrencies in India.

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