Former Finance Secretary Doubts Indian Government Understands Crypto

Former Finance Secretary Doubts Indian Government Understands CryptoThe Indian government has not introduced the cryptocurrency bill that was listed to be taken up in the winter session of parliament. Former Finance Secretary Subhash Chandra Garg says he has no confidence in the ability of the Indian government to figure out crypto. Garg headed the inter-ministerial committee that drafted the original crypto bill […]

Indian Government Seeks Wider Consultation Before Finalizing Crypto Bill: Report

Indian Government Seeks Wider Consultation Before Finalizing Crypto Bill: ReportThe cryptocurrency bill that was listed to be taken up in the current session of parliament is reportedly being reworked. The government seeks wider consultation on crypto before finalizing the rules to govern digital currencies in India. Indian Government Seeks More Consultation on Proposed Crypto Legislation India’s cryptocurrency bill is unlikely to be introduced in […]

Indian Government to Make Additional Changes to Crypto Bill: Report

Indian Government to Make More Changes to Indian Crypto Bill: ReportThe Indian government is reportedly making additional changes to the country’s crypto bill. The bill, which is listed for the current session of parliament, may be taken up in the budget session instead. According to reports, the government could also “consider bringing an ordinance or special order after the session.” Indian Crypto Bill Needs More […]

India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: Report

India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: ReportThe Indian government has reportedly proposed banning the use of cryptocurrency for payments and setting a deadline for investors to declare their crypto holdings. Violators may be arrested without a warrant and held without bail. In addition, the crypto bill may call for a uniform know-your-customer (KYC) process for all crypto exchanges. Proposed Rules in […]

Indian Crypto Bill: Exchange CEO Discusses What to Expect

Indian Crypto Bill: Exchange CEO Discusses What to ExpectThere are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed a cryptocurrency bill to be taken up in the current session of parliament. […]