Blockchain & crypto news from India
The Markets in Crypto Assets (MiCA) law has been finalized by the European Union. Although the text is still officially up for comments, insiders briefed on the negotiations have told CoinDesk that it has been completed. The bill’s provisions may even apply to some assets classified as non-fungible tokens, according to a leaked draft that…
The Brazilian Securities and Exchange Commission is reportedly pursuing modifications in the nation’s legal system about its regulation of cryptos.
Georgia has made itself an attractive destination for cryptocurrency businesses by adopting a crypto legalization bill. Back in 2018, the crypto industry in Georgia was reported to be around 200,000. The recently adopted bill – to go into the parliament for the final nod – makes crypto businesses legal. The inclusion of regulations for digital…
Crypto exchanges in India have begun blocking and reporting trading accounts, which handle dubious trades after government agencies raised red flags over cryptos being utilized for money laundering. Self-regulation is introduced during the time frame when the country is yet to settle on any regulations around cryptos or the method to tax them. Industry analysts…
In an event organized by the Blockchain and Crypto assets Council (BACC) of Internet and Mobile Association of India (IAMAI), the chairman of India’s Parliamentary Standing Committee on Finance, Jayant Sinha said that country’s bill will have a unique approach for crypto law. He assured that nation’s crypto policies will not be along the lines…
Uncertainties around cryptocurrencies in India won’t be fading away anytime soon. Known as the Crypto Bill, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, was not listed among the 23 bills in the tentative list of government legislative and financial business to be tabled during the Monsoon Session in the Lok Sabha of…