- India’s crypto bill has been in the works for the past two years now.
- The bill was first expected in the Budget session of the Parliament.
- Crypto exchanges in India had to stop accepting rupee deposits in the past.
India is crawling closer to regulating cryptocurrencies within its borders. The country’s Finance Minister, Nirmala Sitharaman, shared that India’s crypto bill is ready. At the same time, the government has taken inputs from industry stakeholders to prepare the document.
“We have done a lot of work on it. We have taken stakeholders’ inputs. The Cabinet note is ready. We have to see when the Cabinet can take it up and consider it so that then we can move it,” she said in her interview.”
Moreover, the new laws to
This article was first published on coinquora.com