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Indian Government Breaks Silence on Crypto Regulation

<header class=”article__header”> </header> <strong>The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation has already been submitted by the interministerial committee tasked …

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Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India

<header class=”article__header”> </header> <strong>India’s Prime Minister Narendra Modi participated in discussions on crypto assets at the G20 leaders’ summit in Osaka, Japan. At the conclusion of the summit, the leaders of the G20 countries jointly declared their commitment to applying the crypto standards set by the Financial Action Task Force. India’s new finance minister, Nirmala …

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Koinex Exchange Shuts Down Ahead of Crypto Regulation

<header class=”article__header”> </header> <strong>Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies.</strong> Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms Koinex …

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Indian Government Shed Light on Proposed Crypto Regulation

<header class=”article__header”> </header> <strong>Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill. South Korea went through a similar situation, causing confusion to the public.</strong> Also read: Indian Cryptocurrency Regulation Is Ready, …

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Indian Startup Launches Crypto Trading Strategy Marketplace

<header class=”article__header”> </header> <strong>An Indian startup has launched a marketplace for algorithmic trading strategies. Investors can choose a strategy based on factors such as past performance, cryptocurrencies invested, and time frames. The platform also offers a drag-and-drop tool for traders to build their own strategies without writing code. News.Bitcoin.com talked to the company’s CEO to …

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Indian Cryptocurrency Regulation Is Ready, Official Confirms

<header class=”article__header”> </header> <strong>Ahead of the G20 summit, India’s new finance secretary has confirmed that the report detailing the country’s crypto regulation is now ready. It will soon be submitted to the finance minister for approval. Since Arun Jaitley opted out of cabinet responsibilities, Prime Minister Narendra Modi has appointed a new finance minister.</strong> Also …

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Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India

<header class=”article__header”> </header> <strong>An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains. Meanwhile, the Indian crypto community and industry bodies have urged …

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Indian Crypto Traders Undeterred by Ban Rumor

<header class=”article__header”> </header> <strong>The Indian crypto community is undeterred by the widespread rumor that its government is discussing a bill which could ban some cryptocurrencies. Local crypto exchanges have revealed to news.Bitcoin.com that their trading volumes have been increasing despite this report. Meanwhile, experts have weighed in on this possible bill, and another crypto exchange …

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11 Cryptocurrency Initiatives Indian Government Has Taken

<header class=”article__header”> </header> <strong>The Indian government has engaged in numerous crypto-related initiatives and projects while actively drafting the regulatory framework for cryptocurrencies. Below are 11 crypto-specific initiatives that the government has been involved in.</strong> Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Committee to Draft Crypto Law An interministerial committee under the …

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India Progressing on Crypto Regulation Amid Ban Rumor

<header class=”article__header”> </header> <strong>The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments.</strong> Also read: Indian Supreme Court Postpones Crypto Case at Government’s …

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