Blockchain & crypto news from India
India is set to take a very big and decisive step in crypto regulation. The Indian government is planning to release a discussion paper that highlights its stance on the cryptocurrencies. The paper is set to be released before the month of September. The statement was released by Senior Finance Ministry Official Ajay Seth. In…
After the termination of the Blockchain and Crypto Assets Council (BACC) by the Internet and Mobile Association of India (IAMAI), blockchain firms and cryptocurrency exchanges are working to create an independent think tank on upcoming issues within the sector.
The IAMAI (Internet and Mobile Association of India) has made it clear to dismantle the BACC (Blockchain and Crypto Assets Council), which was created to represent cryptocurrency exchanges before authorities such as RBI (Reserve Bank of India) and other main government departments. As per two sources, IAMAI decided to distance itself from crypto.