WebNov 24, 2024 · The Bill also provides for the creation a facilitative framework for the creation of an official digital currency to be issued by the Reserve Bank of India (RBI). The Bill … WebNov 24, 2024 · Among the 26 new bills tabled, a bill to ban all private cryptocurrencies in India has also been proposed to be introduced. The bill titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2024”, intends to “create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India.
New cryptocurrency bill seeks to ban private players - The Hindu
WebDec 22, 2024 · The goal of these videos is to spread knowledge, and help people understand the current status of the proposed cryptocurrency bill in India. This will help everyone make informed trading and ... WebUnder the draft Bill, mining, holding, selling, issuing, transferring or use of cryptocurrency is punishable with a fine or imprisonment of up to 10 years, or both. A person must declare … flaherty nenagh
Indian government set to ban cryptocurrencies - BBC News
WebNov 24, 2024 · According to a video report by local news publication India Today, cryptocurrency trading is likely to continue under the proposed bill, as long as users buy … WebMar 23, 2024 · The Cryptocurrency Bill 2024, is a legislative initiative that was introduced in the Lok Sabha by the government to regulate the thriving market of cryptocurrency in … Web9 hours ago · Cryptocurrency regulation: FM Nirmala Sitharaman makes an important announcement on cryptos India's stand on crypto. Sitharaman and Reserve Bank of India (RBI) Governor Shaktikanta Das co-chaired a meeting of finance ministers and central bank governors of G20 member countries on the sidelines of the annual meeting of the … flaherty mlb