The Cryptocurrency Bill, 2021 – from prohibition to regulation

Dec 16, 2021

Following the Indian Supreme Court decision in March 2020 (see our update on the ruling here), under which the ban on cryptocurrencies was lifted, the Indian government brought out the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.

Although this bill was to be taken up for discussion in the winter session, it has been deferred due to representations made by the crypto industry.

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