Under the guise of anonymous leads news agencies in India peddle any information they deem fit. For example New Indian Express yesterday claimed that cryptocurrency will be legalised whereas CNBC TV18 said on December 7th that cryptocurrency will be banned.
This kind of media FUD is creating nothing but confusion in the market where it has become extremely hard to trust their versions. Anyone can mention anonymous source and call it a hard fact unfortunately.
Until the official report is out please be aware and careful of what you read in the news. Cryptocurrency and Bitcoin in general is popular amongst the youth and given the huge interest around this subject Indian media is happy publishing just about any news around it.
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