Even as India vacillates between a ban and no ban on crypto currency, several industry experts say it is not possible to enforce an effective proscription on crypto anyway in a foolproof manner. "It is like wanting to ban file sharing through torrents.
Governments all over the world have tried doing it for the past 20 years, but it is very difficult to stop a peer-to-peer network," said Harsh Rajat, co-founder of blockchain start-up EPNS (Ethereum Push Notification Service). At present, there are two major examples of countries who have banned crypto and evidence shows ...