Today news
About the same in other media
14.11 - 12:15
India: A law to regulate the crypto-industry could come as soon as…
Reading now: 554
Though India and China are in competition across a variety of industries, one wouldn’t think this when comparing the countries’ respective crypto-scenes and CBDC programs.
However, India could soon be bringing changes to its largely unregulated crypto-sector.
According to Business Today, officers from the Finance Ministry have claimed that a crypto-law could enter the scene around the time of the Annual Budget.
India’s Union Budget will tentatively be presented on 1 February 2022 by Finance Minister Nirmala Sitharaman. The minister had previously expressed concerns about anti-Bitcoin protests in El Salvador. At the time, however, she also said that a CBDC might be possible.
However, the authorities did not hint that a ban is imminent, as
Read more on ambcrypto.comAbout this in other media
Abu Dhabi’s proactive regulatory approach is doing this for its crypto industry ambcrypto.com /3 years ago
How Binance took the crypto market by storm, then caught the eye of governments fnlondon.com /3 years ago
India’s Parliamentary Committee to meet crypto industry players on November 15 ambcrypto.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
