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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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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 Crypto Community Petitions Government for Regulation

<header class=”article__header”> </header> <strong>Following widespread reports of the upcoming Indian cryptocurrency bill, the crypto community has started a petition for the government to quickly implement a regulatory framework for cryptocurrencies. In addition, a television network operated by the Upper House of the Indian Parliament has aired a program discussing the bill, and three Right to …

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India’s Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies

<header class=”article__header”> </header> <strong>India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies. Surprisingly, the central bank claims that it does not have any knowledge of this bill …

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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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5 Major Indian Laws That Apply to Cryptocurrency

<header class=”article__header”> </header> <strong>India has a number of laws that currently apply to cryptocurrency. A new Cambridge University report explains some of these laws. News.Bitcoin.com talked to one of the authors of the report to uncover more details. Meanwhile, the Indian government is currently finalizing regulations specific to crypto assets.</strong> Also read: Indian Supreme Court …

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RBI Excludes Cryptocurrency From Indian Regulatory Sandbox

<header class=”article__header”> </header> <strong>India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing.”</strong> Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request RBI Welcomes …

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Crypto Startups Barred from Indian Central Bank Fintech Sandbox

India’s central bank is setting up a fintech sandbox that may include blockchain startups and tools – but notably, explicitly excludes any cryptocurrency-related projects. The Reserve Bank of India (RBI) published its draft framework for a regulatory sandbox on Thursday, a move that comes nearly three years after it first formed a working group to look into …

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