India to Introduce Measures Around Crypto This Year, Says Government Official

February 6, 2023 Bitcoin.com

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The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulation will be discussed in her upcoming G20 meeting of finance ministers and central bank governors. India Could Introduce Crypto Measures This Year India’s Economic Affairs Secretary Ajay Seth […]

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Former Finance Secretary Doubts Indian Government Understands Crypto

December 24, 2021 Bitcoin.com

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The Indian government has not introduced the cryptocurrency bill that was listed to be taken up in the winter session of parliament. Former Finance Secretary Subhash Chandra Garg says he has no confidence in the ability of the Indian government to figure out crypto. Garg headed the inter-ministerial committee that drafted the original crypto bill […]

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Indian Government Seeks Wider Consultation Before Finalizing Crypto Bill: Report

December 20, 2021 Bitcoin.com

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The cryptocurrency bill that was listed to be taken up in the current session of parliament is reportedly being reworked. The government seeks wider consultation on crypto before finalizing the rules to govern digital currencies in India. Indian Government Seeks More Consultation on Proposed Crypto Legislation India’s cryptocurrency bill is unlikely to be introduced in […]

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Indian Government to Make Additional Changes to Crypto Bill: Report

December 16, 2021 Bitcoin.com

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The Indian government is reportedly making additional changes to the country’s crypto bill. The bill, which is listed for the current session of parliament, may be taken up in the budget session instead. According to reports, the government could also “consider bringing an ordinance or special order after the session.” Indian Crypto Bill Needs More […]

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Indian Crypto Bill: Exchange CEO Discusses What to Expect

December 6, 2021 Bitcoin.com

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There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed a cryptocurrency bill to be taken up in the current session of parliament. […]

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Indian Finance Minister Reveals Crypto Bill Had to Be Reworked Before Submitting to Cabinet

December 1, 2021 Bitcoin.com

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India’s finance minister, Nirmala Sitharaman, has revealed that the previous version of the cryptocurrency bill the government is pushing needed to be reworked. “This bill, once the Cabinet clears, will come into the House,” the finance minister told Rajya Sabha, the upper house of India’s parliament. Indian Government Pushing New Crypto Bill Finance Minister Nirmala […]

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Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of India

November 26, 2021 Bitcoin.com

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Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There Are Conflicting Accounts About What Is In It Indian crypto […]

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India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End

November 24, 2021 Bitcoin.com

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The government of India has listed a cryptocurrency bill to be taken up in the upcoming session of parliament that starts next week. The bill seeks to prohibit cryptocurrencies with some exceptions. It will also create a facilitative framework for a digital rupee to be issued by the Reserve Bank of India (RBI). Indian Government […]

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Indian Government Clarifies Status of Cryptocurrency Trading, Regulation, Investor Protection

August 3, 2021 Bitcoin.com

bill to ban crypto

India’s Ministry of Finance has answered some questions regarding the status of cryptocurrency trading in the country as well as crypto regulation and investor protection. The minister of state for the finance ministry has indicated that the recommendations in the draft bill proposed by the interministerial committee are still being considered. Indian Government Answers Crypto […]

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Indian Government May Regulate Crypto as Asset Class: Report

June 13, 2021 Bitcoin.com

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India may be regulating crypto as an asset class under the purview of the Securities and Exchange Board of India (SEBI). In addition, a crypto bill is likely to be introduced during the Monsoon session of parliament, local media reported. Indian Government Reportedly Considers Regulating Crypto as an Asset Class The Indian government has yet […]

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