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Crypto industry asks investors to remain calm, urges govt to take nuanced approach
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livemint.comAmid lightning pace developments in the cryptocurrency space in the country, the industry has urged investors to remain calm and not arrive at a rushed conclusion.
The union government has listed cryptocurrency Bill for passage in the Winter Session of Parliament, with the Bill's objective being prohibition of all private cryptocurrencies, barring some exceptions.
'The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021', to be introduced in the winter session of Parliament beginning November 29, seeks to "create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India. The Bill also seeks to prohibit all private cryptocurrencies in India, however, it allows for
Read more on livemint.comAbout this in other media
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
Expect Robinhood clones to rise if India makes crypto an asset class economictimes.indiatimes.com /2 years ago
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