Diabytes
Cryptocurrency bill News
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Lok Sabha has passed Finance Bill, 2022.
Crypto tax amendments approved.
New crypto tax rules from April 1.
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Lok Sabha has passed Finance Bill, 2022.
Crypto tax amendments approved.
New crypto tax rules from April 1.
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Discussion on Cryptocurrency Bill is possible today. The new bill may get approval from the cabinet. It is reported quoting sources that in this bill there is a talk of not considering crypto as a legal tender.
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"The risk of cryptocurrency and it going in the wrong hands is being monitored," the Finance Minister told Rajya Sabha today. Her remarks come in the midst of industry anticipation over fresh government regulation.
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Govt seeks to block most cryptocurrencies.
New Bill in Parliament.
Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.
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The Centre is going to introduce cryptocurrency bill in parliament
Speculations are rife whether the bill will ban or regulate cryptocurrency
Sachin Arora discussed the impact and significance of cryptocurrency bill on Indian investors
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Govt seeks to block most cryptocurrencies.
New Bill in Parliament.
Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.
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The government considered making the holding, issue, mining, trading, and transfers of crypto-assets illegal earlier this year.
On November 23, all major cryptocurrencies dropped by 15% or more, with Bitcoin down over 17%, Ethereum down almost 15%, and Tether down nearly 18%.
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The move comes amid worries that such currencies are being used to deceive investors with false claims and fund terrorist activities.
The bill aims to outlaw all private cryptocurrencies in India, with some exceptions to promote the technology and its applications
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During the PM's meeting, there was also agreement on how to discourage marketing from over-promising and misleading young investors.
The Parliamentary Standing Committee on Finance has met with a variety of stakeholders and specialists on cryptocurrency and associated concerns.
In the midst of all of this, there are speculations that the administration may introduce a cryptocurrency bill in Parliament's Winter Session.
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