Today news
About the same in other media
Report reveals India may restrict exchange-to-exchange transfers, introduce crypto wallet
Reading now: 860
India is set to soon introduce its revised crypto bill in the ongoing Winter Session of the Parliament. Meanwhile, there is a lot of chatter as to what that bill will incorporate. As per a local source-based report, the bill might restrict crypto exchange-to-exchange transfers.
Therefore, a blanket ban on trade among bourses is what some sources have revealed. Additionally, wallets that mask the owner’s identity and keep trades anonymous can face restrictions, as it allows the movement of cryptos beyond the ones listed by approved exchanges.
Having said that, an Economic Times report mentioned the possibility of a government-introduced crypto wallet, which will also help keep private wallet providers in check. It could be similar to an
Read more on ambcrypto.comAbout this in other media
Banking Behemoth's Crypto Wallet, Ethereum Outflows, Bitcoin's Milestone, Cheap NFT Ape + More News cryptonews.com /2 years ago
PM Modi to take final call on crypto regulatory framework: Report moneycontrol.com /2 years ago
Indian trade group recommends ‘special class security’ status for crypto cointelegraph.com /2 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.
