Business

PM Modi’s comments come as the government prepares to introduce a crypto bill.

Prime Minister Narendra Modi on Friday called for a united effort to create global rules for emerging technologies such as social media and cryptocurrencies so that they are utilised to “empower democracy rather than undermine” it as the government prepared to table a cryptocurrency bill. “We must also collectively define global rules for emerging technologies […]

Business

Following Cabinet approval, a new crypto bill will be tabled in Parliament.

The Cryptocurrency and Official Digital Currency Regulation Bill 2021 has been introduced in Parliament. In India, the crypto business is expecting positive regulation that would allow for limited investment and trading in crypto assets. Bill 2021 in Parliament on Cryptocurrency and Official Digital Currency (Updates): During the current Winter Session, the government will introduce the […]

Business

Bill 2021 in Parliament on Cryptocurrency and Official Digital Currency (Updates):

Bill 2021 in Parliament on Cryptocurrency and Official Digital Currency (Updates): During the current Winter Session, the government will introduce the long-awaited ‘The Cryptocurrency and Regulation of Official Digital Currency Bill 2021’ in Parliament. The bill could be introduced within the next few days. It is not on the Lok Sabha’s updated ‘List of Business’ […]

Business

The Bombay HC has asked the Centre for more information on the planned crypto law.

The Bombay High Court has ordered the Central Government to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which it claims would be tabled during the Parliament’s winter session, which began on Monday. In a public interest litigation (PIL) plea seeking directions to the Central government to develop legislation to oversee the […]

Business

India’s 1st step towards asserting authority over digital currency is the Crypto Bill.

The government’s announcement that the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 will be introduced in the upcoming winter session of Parliament has sparked a market uproar. According to the 2021 Chainalysis’ Global Crypto Adoption Index, India’s digital currency sector was valued $6.6 billion in May, compared to $923 million in April 2020. […]

Business

Government will introduce the Cryptocurrency & Regulation of Official Digital Currency Bill, 2021.

New Delhi, India: The Central government said earlier this week that it will introduce a measure to ban all private cryptocurrencies in the forthcoming winter session of Parliament, a move that has alarmed crypto investors in the country. The government has disclosed plans to launch an official digital currency in conjunction with the move to […]

Business

In a future bill, Government seeks to ban all private Cryptocurrencies saved.

Sources told Republic on Tuesday that a cryptocurrency measure will be introduced in the Parliament’s winter session, which is a significant development. The bill, dubbed ‘The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021,’ is aimed at ‘creating a conducive framework for the creation of the official digital currency to be issued by the […]