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India To Define Crypto As Asset, Ban Payments, and Ads - Report
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Amid a rising number of signs indicating that India’s government could adopt a more nuanced approach to cryptoassets, another report claims that the authorities are finalizing work on legislation that could pave the way for regulation of cryptoasset trading - while banning crypto’s use in payments and transactions.
Under the legislative proposal, the government will allow citizens to hold cryptoassets as assets, The Economic Times reported, citing undisclosed sources allegedly close to prime
Read more on cryptonews.comAbout this in other media
Indian Crypto Bill To Regulate, Not Ban 'Private Cryptocurrencies' - Report cryptonews.com /2 years ago
Crypto Asset Bill Proposes To Prohibit Use Of Crypto As Currency ndtv.com /2 years ago
Cabinet note suggests India will regulate, rather than ban, crypto cointelegraph.com /2 years ago
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