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Topic: Cryptocurrency Regulatory Committee May Have Guidelines In Place By September (Read 168 times)

newbie
Activity: 126
Merit: 0
another good news is, law reform commetiee has chosen crypto as a mode of payment. So lets hope for the best

Great news, Hope it will bring  Good fortune for cryptos in India.
newbie
Activity: 126
Merit: 0
another good news is, law reform commetiee has chosen crypto as a mode of payment. So lets hope for the best
legendary
Activity: 1582
Merit: 1064
I would take all these timelines being bandied about with a pinch of salt, even if there is some basis for these reports.
The government is not going to rush into something as complicated as cryptocurrencies so quickly,
hero member
Activity: 1432
Merit: 500
We are expecting the good news about cryptocurrency regulatory in India I hope but we have to wait until September and supreme court justice about cryptocurrency regulatory, because it also happened in China last year and finally get good there, I hope it will happen same here also.
full member
Activity: 376
Merit: 103
Learner for Life!
Best to not keep our hopes high and rely on facts rather than just news from anonymous sources. Why?

If we are not following these kind of news, then even if this becomes a hoax, it won't affect the market. And by any chance, if it becomes true, that will be reflected in the market in a positive way.

Know and understand the news, don't follow it blindly.
sr. member
Activity: 647
Merit: 274
On Friday, after the disappointing outcome pertaining to the Reserve Bank of India v/s Indian cryptocurrency exchanges’ petition in the Supreme Court, some development came to light.

An anonymous source from the Finance Ministry told The New Indian Express, “The government will finally come up with detailed guidelines on cryptocurrency. The draft is ready and consultation is on with all the stakeholders, including market regulator SEBI, India’s central bank RBI and the Internet and Mobile Association of India (IAMAI) before coming up with the final paper. We expect it to be ready by September.

Although Crypto-News India, has not quite been able to verify the claim independently, we have reasons to believe, that it could be likely, based on the information we have.

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