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India may create obstacles to crypto trading and holding: Sources
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India plans to tighten regulation of cryptocurrencies to deter investors from holding them though the government is unlikely to follow through with an earlier plan to ban private digital coins, according to two sources familiar with the discussions.
Instead, it could allow only those that have been pre-approved by the government to be listed and traded on exchanges — an intentionally cumbersome process, said the sources, who asked not to be named as the discussions are private.
"Only when a coin
Read more on moneycontrol.comAbout this in other media
Cabinet may discuss Crypto Bill this week economictimes.indiatimes.com /3 years ago
Centre may bring cryptocurrency exchanges under ambit of Sebi: Report moneycontrol.com /3 years ago
New Crypto Bill: Private Cryptocurrency To Be Regulated, Not Banned; Crypto Not Legal Currency In India: 5 Points ndtv.com /3 years ago
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