Page 8 - Crypto Bill News Today

VCs take on the upcoming crypto regulation even though the Bill can be delayed again

The Cryptocurrency Bill will not be discussed by Prime Minister Narendra Modis cabinet today and may not be brought into Parliament in this session, sources have told NDTV, signalling that the government doesn't want to rush on the law.

Three main areas where digital tokens will gain steam in the next year.

Any tweet shared during the brief period when the account was compromised must be ignored, the PMO said.

Prime Minister Narendra Modi today said that emerging technologies such as cryptocurrencies should be used to empower democracies, and not undermine it. According to reports, PM Modi will take the final decision on the regulatory framework for cryptocurrencies, amid conflicting views, as policymakers remain adamant that unregulated transactions in digital currencies could hurt macroeconomic and financial stability.

Amid growing speculations of a crypto ban, let us take a look at the facts and reports as the Crypto Bill awaits Cabinet approval

The Indian government is working on a crypto bill. The crypto bill could bring stringent punishment for crypto users.

Although the government has previously said it aims to promote blockchain technology, the proposed law will also deal a blow to its use as well as to the non-fungible token market in India.

During the interview, Rajan also expressed that most of the existing cryptocurrencies will soon perish.

The Reliance Industries chief said DeFi can provide security, trust, and efficiency to all transactions.