Cryptocurrency bill

Use of cryptocurrency for drug trafficking worries Parliament committee

The Parliamentary Committee on Home Affairs has voiced concerns over the increasing use of digital currencies and darknet for drug trafficking.

published on : 12th December 2021

Lesson from farm laws: Government going slow on crypto-currency, other major bills in winter session

The government had unveiled plans to seek parliamentary nod for a total of 29 bills, including three that had been previously introduced in the lower house. 

published on : 12th December 2021

Crypto players uncertain about their fate as many versions of draft bill go in circulation

Earlier, there were reports that under the new draft bill there is provision of punishment of any violation, a fine of Rs 20 crore or about $2.7 million, or imprisonment of 1.5 years will be slapped.

published on : 8th December 2021

New Bill on cryptocurrency after Cabinet approval: Sitharaman in Rajya Sabha

The Bill seeks to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India (RBI) for the ongoing winter session of Parliament.

published on : 30th November 2021

Cryptocurrencies recover after falling over 20 per cent as experts doubt ban possibilities

Most well-known cryptocurrencies at the time of writing the article were trading 8-12 per cent lower than 24 hours ago with Bitcoin prices falling by Rs 5 lakh, or 12 per cent, in the past 24 hours.

published on : 24th November 2021

Repeal of farm laws, cryptocurrency regulation: Modi government lists 26 bills for upcoming Parliament session

The Cryptocurrency and Regulation of Official Digital Currency Bill seeks to ban all but a few private cryptocurrencies to promote underlying technologies while allowing an official digital currency.

published on : 23rd November 2021

Government announces bill to ban cryptocurrencies, push official digital currency of RBI 

These also include a bill to repeal the three farm laws, a proposal for which is to be discussed by the Union Cabinet on Wednesday.

published on : 23rd November 2021