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"Defining Moment For Cryto Startup Community In India": Analysts Remain Optimistic On India's Crypto Bill
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The government aims to regulate cryptocurrency in India
A recent Cabinet note by the government on the proposed cryptocurrency bill - to be presented in the Parliament's winter session - suggested regulation of private cryptocurrency rather than banning it. The note also says that crypto will not be recognised as a legal currency in India. The legislation describes Cryptocurrency as Cryptoasset, according to the note.
The Crypto Asset Bill proposes to prohibit the usage of crypto asset as currency
Read more on ndtv.comAbout this in other media
Crypto Bill may not be introduced in Winter Session economictimes.indiatimes.com /2 years ago
Crypto Bill: More Changes Likely, Government May Consider Executive Order ndtv.com /2 years ago
Crypto token should be treated as special class of securities: CII economictimes.indiatimes.com /2 years ago
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