Page 3 - கேம்பிரிட்ஜ் பல்கலைக்கழகம் மையம் க்கு மாற்று News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Guide: A complete low-down on crypto-currency regulation in India February 9, 2021 The Indian government is contemplating introducing legislation to ban crypto-currency trading, mining and investments in the country. At the same time the proposed legislation will pave the way for the Reserve Bank of India (RBI) to create a Central Bank-backed Digital Currency (CBDC). While the government’s decision to ban crypto-currency trading in India is still at an incipient stage, the final contours of the bill would depend on industry consultations and stakeholder feedback. Here is a complete guide to crypto-currency regulation in India. Evolution of domestic crypto-industry Prior to the RBI’s April 2018 circular, which barred the banking system from providing services to crypto-firms in India, the crypto-industry was fairly un-regulated and represented a ‘free market’ in many respects. Once the RBI circular came into play, several companies facilitating crypto-trading had to shut

United statesUnited kingdomSouth koreaSubhash chandra gargFacebook libraVirtual asset service providersAssociation of indiaEuropean central bankFinancial action taskInternational settlementsFederal reservePeople bankSupreme courtCambridge university centre for alternativeExchange commission of the united statesGripple inc