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Cryptocurrency And Regulation Of Official Digital Currency Bill 2021

Latest Crypto News: Russia Considers Cryptos For Cross-Border Transactions; Level Finance Robbed of $1M Tokens

Here are major developments in the crypto space over the past few days.

02 May 2023

Crypto Bill In India Deferred; Bitcoin, Dogecoin Witnessed Fall

Bitcoin price fell 2.01 per cent in the last 24 hours, while Dogecoin was down by 3.92 per cent. Crypto Bill is likely to get deferred, as the Centre has not yet finalized the details of its legislation.

21 December 2021

RBI Discusses Various Aspects of Crypto And CBDC in 592nd Board Meet

RBI governor Shaktikanta Das chaired the 592nd meeting of the central board of directors to discuss various aspects of crypto and CBDC.

17 December 2021

Budget 2022: Crypto Taxation

Budget 2022: Government Likely To Discuss Crypto Taxation Not Regulation

The questions on everyone’s minds are whether or not the government will come up with a crypto regulation in the Budget session and how digital assets will be taxed.  

18 January 2022

RBI Favours Complete Ban On Crypto; It Is A Serious Concern To RBI, Says Governor

RBI in 592nd central board meet conveyed its intentions on cryptocurrencies, and clarified that it wants a complete ban on it.

18 December 2021

Bitcoins Would Be Worthless, Says Bank of England

Amidst growing concern of the Indian crypto investors regarding the Crypto Regulation Bill in India, Bank of England warns global Crypto investors to be cautious as Bitcoin may become worthless in future.

16 December 2021

Crypto Bill in India Unlikely To Come Before May 2022; Bitcoin And Ethereum Prices Fall

Bitcoin price fell by 1.35 per cent in the last 24 hours, while Ethereum was down by 2.27 per cent.

24 December 2021

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Govt May Introduce Crypto Bill In Upcoming Budget Session; Solana Rises Over 11%

Bitcoin prices rose 1.81 per cent in the last 24 hours, while Ethereum was up 4.92 per cent.

16 December 2021

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16 December 2021
Cryptocurrency Bill Unlikely In Winter Session As Govt Still Undecided On Regulator

Cryptocurrency Bill Unlikely In Winter Session As Govt Still Undecided On Regulator

An official says that the Bill could not be rushed through as it is a new domain and international norms have to be studied in depth to align Indian norms with...


15 December 2021
Crypto Bill On Hold, Govt of India May Take Ordinance Route On Cryptocurrency

Crypto Bill On Hold, Govt of India May Take Ordinance Route On Cryptocurrency

The government of India may not table Crypto Bill in the ongoing session of the Parliament, as the government plans not to rush on this issue. But they may...


15 December 2021
Crypto Bill May Not Be Introduced in Parliament; IMF Warns Of Risks For Emerging Economies

Crypto Bill May Not Be Introduced in Parliament; IMF Warns Of Risks For Emerging Economies

The proposed cryptocurrency bill may not be introduced in Parliament’s Winter Session due to ongoing discussions. IMF raises concerns on the risky nature of...


15 December 2021
The Pitfalls Of Using Cryptocurrencies Weigh Over The Benefits

The Pitfalls Of Using Cryptocurrencies Weigh Over The Benefits

Cryptocurrencies are highly risky and have the potential to create financial instability. Plus, in India, crypto payments are not as smooth as one would like...


13 December 2021
Investors’ Demand To Burn Shiba Inu Coin Continues With Signing Of Petition

Investors’ Demand To Burn Shiba Inu Coin Continues With Signing Of Petition

Despite making a record spike in October, Shiba Inu failed to hold the momentum as investors now increasingly look to burn their Shiba token.


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10 December 2021
Who Will Regulate Cryptocurrency? Government Still Undecided

Who Will Regulate Cryptocurrency? Government Still Undecided

The government has made it clear in the ongoing Winter Session of the Parliament that it had no plans to boost the cryptocurrency sector in India.


06 December 2021
Govt Says It Has No Plans To Boost The Cryptocurrency Sector

Govt Says It Has No Plans To Boost The Cryptocurrency Sector

During the ongoing Winter Session of Parliament, the Finance Ministry mentioned that government doesn’t gather any data related to crypto and the proposed...


05 December 2021
Mukesh Ambani Backs Bills On Data Privacy, Cryptocurrency

Mukesh Ambani Backs Bills On Data Privacy, Cryptocurrency

Mukesh Ambani, who has been a votary of Indians owning and controlling their own data, said nations have the right to build and protect strategic digital...


03 December 2021
Euro Shiba Inu Continues To Rise, Govt. Requests Global Effort on Crypto Regulation

Euro Shiba Inu Continues To Rise, Govt. Requests Global Effort on Crypto Regulation

Euro Shiba Inu (ESHIB), which jumped more than 25,000 per cent on December 2 to shed the gains later in the day, was up on December 3, while major coins,...


03 December 2021
Will Any Upcoming Cryptocurrency Regulation Affect NFTs In India?

Will Any Upcoming Cryptocurrency Regulation Affect NFTs In India?

Experts are divided on whether or not the proposed cryptocurrency bill will affect NFTs or not. In India, the NFT marketplace is growing. The hype in...


03 December 2021
Government Of India May Recognise Crypto As Asset, Bitcoin Falls

Government Of India May Recognise Crypto As Asset, Bitcoin Falls

Bitcoin (BTC) witnesses fall of over 1.18 per cent in the last 24 hours, while meme coin Samoyedcoin falls by around 13.44 over the same period at 8 am, as per...


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01 December 2021
Ethereum Jumps 5%, Proposed Cryptocurrency Bill Awaits Cabinet Approval, Says Nirmala Sitharaman

Ethereum Jumps 5%, Proposed Cryptocurrency Bill Awaits Cabinet Approval, Says Nirmala Sitharaman

Ethereum witnesses a rise of over 5.28 per cent in the last 24 hours, while Bitcoin falls by around 0.49 over the same period at 7:30 am, as per...


01 December 2021
Buying Or Selling Cryptocurrencies In India May Not Be That Simple

Buying Or Selling Cryptocurrencies In India May Not Be That Simple

All eyes are now on the proposed cryptocurrency bill to get more clarity on transfer of funds to and from cryptocurrency exchange accounts. The Supreme Court...


30 November 2021
Nirmala Sitharaman: New Bill On Cryptocurrency To Be Introduced After Cabinet Approval

Nirmala Sitharaman: New Bill On Cryptocurrency To Be Introduced After Cabinet Approval

The government, she said, started working on a new Bill as a lot of things had to come into play.


30 November 2021
Cryptocurrency Bill 2021: Know What Stakeholders Say About The Digital Currency

Cryptocurrency Bill 2021: Know What Stakeholders Say About The Digital Currency

Many crypto players are eagerly waiting to see the positive decision from the government that could allow investing and trading in cryptocurrencies with some...


29 November 2021
Bitcoin Not To Be Made Legal Tender, All Private Cryptos To Be Prohibited: Govt Tells Parliament

Bitcoin Not To Be Made Legal Tender, All Private Cryptos To Be Prohibited: Govt Tells Parliament

Minister of State For Finance, Pankaj Chaudhury told the Lok Sabha that the Government does not collect any information pertaining to trading activities of the...


29 November 2021
Are Cryptocurrencies Favoured In Various Countries Across The Globe?

Are Cryptocurrencies Favoured In Various Countries Across The Globe?

While several countries like the USA and UK have allowed transactions in cryptocurrencies, with certain regulations imposed, many countries like China, Turkey...


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