Leaked: India’s Bitcoin Ban Bill Aims to Outlaw All Cryptocurrencies

2019-7-16 10:53

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

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bill india all ban leaked cryptocurrency bitcoin

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Источник: ccn.com

bill india → Результатов: 55

India: ‘Draft bill’ real or fake? Leaked legal documents are as authentic as Monopoly money

India’s battle against cryptocurrencies took a new turn after pictures of a “proposed” bill circulated on social media. However, it was rejected by various prominent publications and personalities in the crypto-circle, due to its lack of authenticity.

2019-6-14 16:00	News
bill india money pictures monopoly fake documents

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India’s Insane Anti-Crypto Bill Proposes 10-Yr Prison for Bitcoin Adopters: Report

By CCN: Lawmakers in India have proposed a bill which would see Bitcoin and crypto ownership made completely illegal, with as much as a 10-year prison sentence for anyone caught holding. This coincides directly with India’s plans to launch its own state-backed cryptocurrency – the Digital Rupee.

2019-6-7 13:19	Reserve Bank of India
bill india prison bitcoin sentence proposes crypto

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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
bill india bitcoin cryptocurrencies committee new highly

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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
government indian cryptocurrency india ban cryptocurrencies reserve

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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
government trade purchase outlaw sale cryptocurrency digital

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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
ponzi watchdog banned cryptocurrencies india cryptocurrency support

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India is reportedly looking to ban cryptocurrencies once and for all

India’s government is once again looking to ban cryptocurrencies and regulate official digital currencies. According to a report by India’s Economic Times, the government has kickstarted inter-ministerial consultations on a draft bill, which has reportedly been shared with relevant government departments.

2019-4-26 12:49	hard fork
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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
ban government cryptocurrencies bitcoin bill draft regulation

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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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India 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
government regulation progressing crypto india indian rumor

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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
ban cryptocurrencies government drafts completely bill india

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Indian Telecom Operator RCom Shares Crash 50% after Racking Up $7 Billion Phone Bill

Shares in debt-laden Reliance Communications (RCom) fell close to 50% on Monday as the Anil Ambani-owned company announced that it would seek bankruptcy protection from India’s insolvency tribunal.

2019-2-5 15:57
rcom shares company stock anil indian tribunal

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New Reports Show Draft Bill In The Works For Indian Crypto Regulation Before End Of The Year

New Reports Show Draft Bill In The Works For Crypto Regulation In India To Be Presented At The End Of The Year Though India has taken a derogatory stance on cryptocurrencies in the past, it seems that they are joining many other countries in their decision to establish regulations. Though nothing has been settled yet, […]

2018-11-20 23:32	News
india new though regulation year bill crypto

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India Ready to Unveil Cryptocurrency Law Next Month

The government of India may provide clarity on cryptocurrency regulation as soon as next month with a new draft bill now in the works. Clarity Soon Citing a counter-affidavit issued by India’s Prime Minister Narendra Modi, Quartz reports that the country’s government is likely to provide some clarity on the matter of cryptocurrencies sometime in the next two months.

2018-11-20 16:00
next india month clarity cryptocurrency soon law

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India to spell out draft cryptocurrency regulations in December

Quartz reports that the Indian government is set to lay out a draft of its regulations for cryptocurrencies next month – clarifying its stance on how these digital assets can be used and traded in the country.

2018-11-20 10:23	India
draft next country digital india set out

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India Eyes State Digital Currency to Cut $90 Million Banknote Bill

The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash.

2018-8-30 17:00
india currency bank digital country reduce huge

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India can not ban digital coins, deal with things like goods

A draft bill on cryptocurrency regulations in India is expected by this month which will put more light into this matter. Just when everyone is looking forward to India’s stand on virtual digital currencies, the latest report suggests that India is not seeking to ban cryptocurrencies but instead treat them as commodities. Recently, a senior

2018-7-13 11:20
india digital ban report everyone latest virtual

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India Not To Ban Digital Currencies, Could Treat Them As Commodities

A draft bill on cryptocurrency regulations in India is expected by this month which will put more light into this matter. The post India Not To Ban Digital Currencies, Could Treat Them As Commodities appeared first on CoinSpeaker.

2018-7-13 09:34
india commodities treat could ban digital currencies

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India’s chief economic advisor calls for regulation that doesn’t hinder crypto innovation

India’s chief economic advisor wants regulators to foster innovation in the cryptocurrency sector while upholding transparency and accountability. Speaking at the Global Economic Policy Forum 2024, V.

Jetking Infotrain becomes first Indian public company to hoard Bitcoin

Jetking Infotrain, a 77-year-old Indian IT training company, has become the first publicly listed business in India to adopt Bitcoin as part of its corporate treasury strategy. The company announced the purchase of 12 Bitcoin (BTC), valued at approximately $1.2…

Philippines finishes wholesale CBDC trial, eyes 24/7 fund transfers

The insights from the trial will be used to create a CBDC roadmap.

Binance tops list of 17 crypto entities probed for tax evasion in India

Binance accounted for the highest Goods and Service Tax evasion among registered cryptocurrency exchanges in India, according to the Indian Finance Ministry. Responding to a parliamentary question regarding tax compliance by cryptocurrency exchanges, Minister of State for Finance Pankaj Chaudhary…

India plans partnerships with neighbors to expand cross-border payment system; UAE talks underway

India is strengthening regional ties to build a cross-border payments system

RBI chief says stablecoins threaten India’s monetary sovereignty

The Indian central bank governor views stablecoins as a risk to government sovereignty over the monetary system. Speaking at the G30 39th Annual International Banking Seminar held in Washington DC, Reserve Bank of India governor Shaktikanta Das said he has…

Is India planning to ban cryptocurrency?

India is on the brink of a pivotal decision regarding cryptocurrencies as the government deliberates a potential ban on private digital currencies. The focus is now shifting towards the development of a Central Bank Digital Currency (CBDC) – the digital rupee.

2019-7-16 10:53

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