Indian Government Review Bill That Proposed Ban on Cryptocurrencies

2021-6-17 19:00

It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament’s budget session. Bloomberg Quint recentlyRead More

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Источник: btcmanager.com

bill indian → Результатов: 93

Indian Government Confirms Crypto Bill Is Being Finalized — Existing Laws Inadequate

The Indian government has spoken about the cryptocurrency bill again. This time, the minister of state for finance has clarified the status of the crypto bill that is expected to be introduced in parliament during the current session.

2021-2-9 13:05
bill indian government crypto clarified expected finance

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India set to lose $12.9 billion worth of market if they proceed to ban crypto

The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear […] The post India set to lose $12.

2019-8-8 20:00
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Indian Govt to Pitch Bitcoin Ban Bill in January

The Indian government is planning to introduce its controversial bitcoin ban bill in December-January parliamentary session, according to local crypto news provider Crypto Kanoon. The decision surfaced during an ongoing court hearing between the Reserve Bank of India (RBI) and regional cryptocurrency exchanges.

2019-8-8 15:00	Bitcoin
bill indian ban bitcoin govt pitch crypto

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Optimism Dwindles as Indian Finance Minister Evasive on Crypto Ban Bill

The crypto industry in India is still in limbo this week while politicians acknowledge the proposed ban bill but remain evasive. The shift from regulation to blanket ban has sent shock waves through the nascent industry in the world’s second most populous country.

2019-7-31 16:00	RBI
bill crypto ban finance minister evasive optimism

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Indian Finance Minister Addresses Crypto Proposal – Industry Responds

India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed and incomplete.

2019-7-31 10:15	Virtual Currency
crypto finance minister industry indian report responds

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Top expert: Those who ban crypto, send country 40 years in the past!

For several months now, India’s crypto market has been experiencing great difficulties with regulation. Obviously, in support of its centralized instant payment system (Unified Payments Interface, UPI), developed by the National Payment Corporation of India (NPCI), the authorities are preparing a bill to completely prohibit cryptocurrency.

2019-7-29 20:01
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Calls Intensify for Indian Government to Regulate Cryptocurrency

Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government is examining are.

2019-7-29 12:15	Virtual Currency
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Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill

The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has applied for voluntary retirement after releasing the report and draft bill which the crypto community calls “flawed.

2019-7-26 13:05	Virtual Currency
bill government indian flawed crypto official resigns

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Indian Supreme Court Sets New Date to Hear Crypto Case

The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill.

2019-7-24 14:45	Virtual Currency
indian crypto court new supreme case date

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Revealed: The Fines & Criminal Offenses Facing an Indian Crypto Adopter

After two years, a much-hyped consortium of bankers and legislators has proposed that the Indian government completely ban public cryptocurrencies (like Bitcoin). Newsflash: Indian Regulators Officially Propose Total Cryptocurrency Ban https://t.

2019-7-24 12:22	India
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Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing

The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction.

2019-7-23 16:05	Virtual Currency
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Indian Government Unveils Draft Crypto Bill

2019-7-24 16:05	Virtual Currency
crypto government indian bill draft unveils report

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India’s Ban On Cryptocurrency: Several Crypto Proponents Ready To Hold Talks With Indian Regulators

The Inter-Ministerial Committee (IMC) released a report and a draft bill proposing a total ban on cryptocurrency and the harsh measures to be taken on any Indian citizen who holds, sells or buys cryptocurrency.

2019-7-23 09:22	India
cryptocurrency india indian ban crypto several proponents

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India: Cryptocurrencies are not prohibited in India, says MoS for Finance and Corporate Affairs

The Indian cryptoverse lacks clarity on the government’s take on cryptocurrencies, after another alleged draft of the cryptocurrency bill circulated on social media. However, the community remained in good spirits and finally, found some relief after the Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur, responded to a few questions in Parliament.

2019-7-19 18:45	News
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Tim Draper: Indian Government Is Pathetic And Corrupt Over Crypto Ban Proposal

Following a leaked bill from the India government proposed a blanket ban on cryptocurrency, Tim Draper, a Bitcoin worshipper and investor in Tezos has come out to condemn the move. Now in a strongly worded message, the outspoken investor who recently advocated Bitcoin to the government of Argentina referred to India’s proposed bill as being […]

2019-7-18 00:12	Legal & Regulation
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India on the Path to Banning Bitcoin and All Other Cryptocurrencies?

A bill has circulated through Indian crypto and financial experts, potentially curbing all digital assets in India.

2019-7-17 12:41	News
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Indian Crypto Draft Bill Leaks as Proposals of Complete Ban Saddens Crypto Community

The much anticipated and prolonged draft bill for cryptocurrency in India got leaked in full. The bill proposes a complete blanket ban on the use of cryptocurrency in any form. This has really saddened the crypto community back in India who were expecting and hoping for a progressive call from the central government, especially after […]

2019-7-16 19:15	Legal & Regulation
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Leaked: India’s Bitcoin Ban Bill Aims to Outlaw All Cryptocurrencies

Rumours of a proposed bill in India that bans cryptocurrency may have been confirmed after Indian blockchain lawyer Varun Sethi posted an alleged first draft of the proposed bill. The “Banning of Cryptocurrency and Regulation of Official Digital Currencies” bill, which proposes to ban or heavily restrict all cryptocurrency-related activity in India, was leaked this […] The post Leaked: India’s Bitcoin Ban Bill Aims to Outlaw All Cryptocurrencies appeared first on CCN Markets

2019-7-16 10:53	India
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Complete Indian Draft Crypto Bill Leaked – Experts Weigh In

A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News. Bitcoin. com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry.

2019-7-16 10:15	Virtual Currency
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Koinex Exchange Shuts Down Ahead of Crypto Regulation

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.

2019-6-28 09:27	Zebpay
down exchange shuts indian koinex regulation crypto

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Indian scammers stole $2M in cryptocurrency using inspirational Bill Gates quotes

In spite of repeated warnings by the country’s central bank, people in India continue to fall for cryptocurrency scams. In the latest, the anti-terrorist squad (ATS) of Rajasthan police has unearthed a Bitcoin scam worth INR 150 million ($2 million).

2019-6-27 12:55	India
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Indian Exchange Koinex Shutdowns After Months Of Uncertainty from RBI Crypto Ban

Although India had always been a hotbed for the development of crypto infrastructure, the country’s draconian and immature crypto regulation has stifled the scope of innovation there. Most in the crypto ecosystem would be already familiar with the regulatory news coming out of the country with a draft of a bill going as far as […]

2019-6-27 09:02
crypto country far ecosystem scope innovation stifled

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Indian Legislators Divided Into Pro And Anti Cryptocurrency Camps

In April 2019, the draft of the ‘Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019’ sent shock waves in the entire crypto community of India. Media reports suggest that holding, selling or dealing in cryptocurrencies such as Bitcoin could entail 10 years in jail. An RTI query filed revealed that the Reserve […]

2019-6-22 19:39	Legal & Regulation
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Indian Government Shed Light on Proposed Crypto Regulation

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.

2019-6-22 13:05	Virtual Currency
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What Bitcoin Ban? Indian Central Bank Denies Involvement in Crypto Ban Bill

By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency.

2019-6-17 12:23	India
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Indian Crypto Community Petitions Government for Regulation

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.

2019-6-16 10:35	Virtual Currency
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Indian Government in Dizzying Reversal Sponsors Free Crypto Course

By CCN Markets: The Indian government continues to project a deep level of hypocrisy as it turns its attention to sponsoring a blockchain and cryptocurrency course. As CCN recently reported, the government is simultaneously proposing an insane anti-crypto bill with hard jail-time for bitcoin users.

2019-6-15 00:00	Reserve Bank of India
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Up To 10 Years In Jail For Crypto-Dealings, Indian Lawmakers Propose

On June 6, Indian media outlet BloombergQuint reported that Indian lawmakers drafted a bill that would impose a 10… The post Up To 10 Years In Jail For Crypto-Dealings, Indian Lawmakers Propose appeared first on Invest In Blockchain.

2019-6-11 09:00
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Binance CEO CZ: Indian Bill Against Cryptocurrency will Push Privacy Coin Adoption Forward

The bill proposed by the Indian government against the use of cryptocurrency in any form has attracted attention in the crypto verse. While some have said it will lead to further adoption instead of discouraging it, Binance CEO Changepeng ‘CZ’ Zhao says it is likely to drive the adoption of privacy coins to the Indian […] The post Binance CEO CZ: Indian Bill Against Cryptocurrency will Push Privacy Coin Adoption Forward appeared first on ZyCrypto.

2019-6-8 16:18	India
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India’s Crypto Ban: Breaking Down the FUD

A recent article by Bloomberg Quint reveals pictures of a supposed draft for a bill to ban cryptocurrency in India and offer a 1-10 year jail term for mining, holding, or using crypto. The India crypto community outraged at this speculation as it was published without citing a legitimate source, June 7, 2019.

2019-6-7 20:15
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Indian Lawmakers Propose Adoption of 10-Year Jail Term for Crypto Dealings

India’s new crypto bill reportedly includes a 10-year jail term for dealing with crypto, but also suggests the development of a national crypto

2019-6-8 18:20	India
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India’s Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies

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.

2019-6-6 11:10	Virtual Currency
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Japan Advances New Crypto Bill, Regulator Explains

Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. News. Bitcoin. com talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution.

2019-5-30 09:23	Virtual Currency
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New Cryptocurrency Bill Advances in Japan, Regulator Explains

2019-5-30 09:23	Virtual Currency
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Indian Crypto Traders Undeterred by Ban Rumor

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.

2019-5-12 06:30	Wazirx
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Harsh Crypto Regulations Force Another Indian Exchange out of Business

Indian crypto market faces another strong blow as Coinome exchange announced that it will be shutting down business from May 15, Quartz reported May 10, 2019. Third Major Crypto Business to Fall to Unfavorable Regulations The recent bill introduced by the Indian government that proposes a blanket ban on cryptocurrencies has had a far-reaching effectRead MoreRead More.

2019-5-11 01:00	RBI
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Zebpay’s Ajeet Khurana dismisses talk of India banning cryptocurrencies

India has been making headlines recently after the world’s largest democracy announced the formation of a committee for pursuing the “Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019.

2019-5-8 18:30	Zebpay
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India's Bitcoin love story to end in break-up?

The Indian government has begun inter-ministerial consultations on a draft bill to ban crypto assets. The news comes as a further blow to the large Indian bitcoin community after the Reserve Bank of India issued a bitcoin banking ban in 2018.

2019-5-4 16:00	BNC insights
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India Banning Bitcoin is Becoming Highly Likely, New Bill Introduced

The Indian inter-ministerial committee has drafted a bill to ban cryptocurrencies like bitcoin. Subhash Chandra Garg, the Finance Secretary who led the committee, has previously gone on record to warn of the folly of investing in cryptocurrencies.

2019-4-26 19:36
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Indian Government Mulling Blanket Ban on Cryptocurrencies

The government of India has drafted a bill to completely ban cryptocurrencies and regulate official digital currencies, reports The Economic Times, April 26, 2019. Things Go from Bad to Worse Since its inception, the growth of the Indian cryptocurrency ecosystem has been continually stalled due to government and Reserve Bank of India (RBI) diktats.

2019-4-26 19:00	Regulations
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Indian Government May Ban Crypto After All

Several government entities in India have begun talks about drafting a bill to outlaw the purchase, sale, and trade of cryptocurrency in the country and strictly regulate government-approved digital currencies.

2019-4-27 18:14	law and legislation
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Cryptocurrency is ‘Ponzi’, Should be Banned: Indian Govt. Watchdog

By CCN. com: An official from an investor watchdog group in India likened cryptocurrencies to a Ponzi scheme, and voiced his support for them to be banned to protect investors. Anurag Agarwal, chief executive officer of the Investor Education and Protection Fund Authority, made the comments Friday, according to local reports.

2019-4-26 17:17	India
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Bitcoin Ban Blues? India Reportedly Weighs Draconian Law to Ban Cryptocurrency

By CCN. com: The Indian government is working on a draft bill that would impose an outright ban on cryptocurrencies such as bitcoin, as reported by The Economic Times, in what would be the final blow to the future of crypto in the country.

2019-4-26 12:46	India
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India is Preparing a ‘Banning of Cryptocurrencies’ Bill

Bitcoin stakeholders in India are decrying the decision by the country’s central bank to exclude cryptocurrency-related businesses in its recently released regulatory sandbox for fintech firms. Meanwhile, reports have emerged that the government is looking to ban cryptocurrencies entirely.

2019-4-26 12:00
india cryptocurrencies bill bank preparing rbi banning

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Indian Government Progressing on Crypto Regulation Amid Ban Rumor

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.

2019-4-26 11:30	Virtual Currency
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India Progressing on Crypto Regulation Amid Ban Rumor

2019-4-26 11:30	Virtual Currency
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India Government Drafts Bill To Ban Cryptocurrencies Completely

The Economic Times reports that the Indian government is looking to ban cryptocurrencies entirely, with a draft of such… The post India Government Drafts Bill To Ban Cryptocurrencies Completely appeared first on Invest In Blockchain.

2019-4-26 09:16	India
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France Adopts New Cryptocurrency Regulation

The French government has adopted a financial sector bill that establishes a legal framework for cryptocurrency service providers and initial coin offerings. The bill includes both optional and mandatory licensing, and also specifies the types of funds that can invest in crypto assets.

2019-4-16 09:50	Virtual Currency
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France Adopts New Crypto Regulation

2019-4-16 09:50	Virtual Currency
crypto france bill government adopts regulation new

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