After months of speculation around the recommendations of the cryptocurrency committee, the government publicly released the report submitted by the Inter-Ministerial Committee (IMC). In addition, the government also published a
Subhash Chandra Garg Says No to Facebook Libra
Facebook’s new cryptocurrency project Libra is facing regulatory roadblocks across the globe, including its biggest market India. In an interview with Bloomberg, Economic Affairs Secretary Subhash Chandra Garg stated that
RTI Reveals RBI has No Idea About ‘Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019’
Earlier this year, an Economic Times (ET) report caused a huge furore in the Indian cryptocurrency community after it revealed details about a new bill which ostensibly stated that India
Cryptocurrency Report to be Submitted to India’s New FM Nirmala Sitharaman Soon
The official word on the cryptocurrency report is out! The committee led by finance secretary Subhash Chandra Garg has prepared an official report on cryptocurrencies and is ready to submit
Cryptocurrency Regulations in India: New Bill may be Tabled in Parliament Soon
A new report by Inc 42 has revealed that the Subhash Chandra Garg-led cryptocurrency committee has submitted a report to the government last month, which includes a draft of the
Indian regulators seek complete ban on cryptocurrencies: Economic Times
The Indian regulators may be planning to propose a new bill to the government which recommends a blanket ban on cryptocurrencies. Indian mainstream media outlet Economic Times reported that the
Supreme Court Adjourns RBI vs Cryptocurrency Case, Matter will now be Heard in July
The long wait for the Indian cryptocurrency community continues. As we had predicted in an earlier blog post, there was no significant development in the RBI vs Cryptocurrency Matter in
RBI vs Cryptocurrency Case May Not Come Up for Hearing on March 29
Cryptocurrency investors have been eagerly awaiting the government’s action on the RBI vs cryptocurrency case after the Supreme Court gave them a window of four weeks to come up with
Supreme Court asks Government of India to finalise cryptocurrency regulations in 4 weeks
In an unexpected move, the Supreme Court of India heard the cryptocurrency matter today which was originally expected to come for hearing tomorrow. According to blockchain regulatory analysis platform Crypto Kanoon, the
Indian government worried that cryptocurrencies may destabilise INR
The Indian government has always taken a negative stand on cryptocurrencies. Right from money laundering to terrorist financing, the government has cited a lot of reasons against this new asset
