The government is planning a “general prohibition on all activities by any individual on mining, generating, holding, selling, (or) dealing” in digital currencies as a “medium of exchange, store of value and a unit of account,” according to the summary of the bill seen by Reuters. Source link … [Read more...] about India’s Crypto Bill Proposes ‘Arrest Without Warrant:’ Report
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Crypto bill alleging banning private crypto was a “mistake,” ex-Indian minister says
In an interview held with News18, Subhash Garg, the former finance secretary of India, said that the news regarding India imposing a blanket ban on private crypto might be misleading considering the bill which has not yet been discussed in the parliament or has received any governmental input. Garg further stated that the proposed bill has not yet been discussed nor has it been … [Read more...] about Crypto bill alleging banning private crypto was a “mistake,” ex-Indian minister says
India misinterpreted private crypto ban, says crypto bill creator
The creator of India’s crypto bill, former Finance Secretary Subhash Garg, dismissed the notion of banning “private cryptocurrencies” as a misinterpretation while highlighting the enormous potential of cryptocurrencies and blockchain technology.The Parliamentary discussions around a controversial crypto bill sparked fears around the ban on cryptocurrencies, with no clear … [Read more...] about India misinterpreted private crypto ban, says crypto bill creator
Crypto prices in India tumble after crypto bill announced
Regulatory discussions in India around a crypto ban caused panic selling on major crypto exchange WazirX, resulting in massive price drop on leading cryptocurrencies including Bitcoin (BTC) and Ether (ETH). Crypto prices in India crashed soon after the parliament announced to introduce and list 26 new bills in the Winter Session, which included the Cryptocurrency and Regulation … [Read more...] about Crypto prices in India tumble after crypto bill announced
Indian Govt Submits Bill That Would Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure
The Indian government still seeks to ban most cryptocurrencies under a long-awaited cryptocurrencies bill submitted for consideration at Parliament’s so-called Winter Session.While the measure appears to be essentially the same as the draft bill submitted in January, expectations had grown in recent months that the government had softened its view on crypto and would perhaps … [Read more...] about Indian Govt Submits Bill That Would Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure