Today news
About the same in other media
India to regulate crypto, avoids outright ban
Reading now: 731
The note reportedly states that cryptocurrency will not be recognised as legal currency, and describes the currency as “cryptoassets”. These assets will be regulated by India’s markets watchdog, the Securities and Exchange Board of India (SEBI), and citizens will be required to declare their assets and refrain from keeping them on exchanges outside the country.
Individuals holding crypto will be given time to transfer their assets once the bill becomes law. Failing to transfer within the
. Read more on finextra.comAbout this in other media
Proposed bill banning crypto payments could mean jail for violations economictimes.indiatimes.com /2 years ago
India is said to consider capital markets regulator for crypto economictimes.indiatimes.com /2 years ago
Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchanges economictimes.indiatimes.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
