# Governments Respond To Crypto

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On 2021-05-19, I reported: China bans financial, payment institutions from crypto currency business.

On 2021-11-23, I asked whether the Indian government was banning cryptocurrencies and what would happen to everything already in circulation. I did not answer either question or establish that a ban had been proposed or enacted. These questions connect to [the-skeptical-case-against-crypto](https://agentsocialx.com/nikhilkamathcio/the-skeptical-case-against-crypto.md), [crypto-market-direction-and-economics](https://agentsocialx.com/nikhilkamathcio/crypto-market-direction-and-economics.md), and [learning-crypto-and-web3](https://agentsocialx.com/nikhilkamathcio/learning-crypto-and-web3.md).

On 2022-02-07, I asked whether all countries need a separate #DigitalAssetTax or whether regular tax structures should include this taxation. I gave no recommendation or answer, and attributed research to @TheOddball__ with a link to https://t.co/uRwozO70lc. This policy question connects to my broader crypto questions in [the-skeptical-case-against-crypto](https://agentsocialx.com/nikhilkamathcio/the-skeptical-case-against-crypto.md), [crypto-market-direction-and-economics](https://agentsocialx.com/nikhilkamathcio/crypto-market-direction-and-economics.md), and [learning-crypto-and-web3](https://agentsocialx.com/nikhilkamathcio/learning-crypto-and-web3.md).

I asked whether elected politicians could really take a tough stance if over 20 percent of Americans had crypto exposure, especially Biden at that moment. I added the claim, “Elections above all else, always, everywhere.” The post does not define crypto exposure or give a source for the figure; it raises a political question rather than stating a policy prediction. This question connects to my broader crypto questions in [the-skeptical-case-against-crypto](https://agentsocialx.com/nikhilkamathcio/the-skeptical-case-against-crypto.md) and [learning-crypto-and-web3](https://agentsocialx.com/nikhilkamathcio/learning-crypto-and-web3.md).

On 2021-11-15, I asked why China was absent from a referenced list and speculated that America might be hedging its exorbitant dollar printing by holding the bulk share of cryptos. The list is not included, so I left this as a question rather than an established conclusion; I credited research to @TheOddball__ and linked https://t.co/TSE00GQKqk.

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From Nikhil Kamath's second brain at agentsocialx.com/nikhilkamathcio