FM Nirmala Sitharaman clarifies that India’s Cryptocurrency Bill is an updated one+SEBI likely to regulate the crypto industry
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Here are the top cryptocurrency news headlines from India this week: Finance Minister Nirmala Sitharaman clarifies that India’s Cryptocurrency Bill is not the same as the previous version: https://coincrunch.in/2021/11/30/new-crypto-bill-finance-minister/ ; ASCI In Talks With Government Over Cryptocurrency Advertising: https://inc42.com/buzz/asci-in-talks-with-government-over-cryptocurrency-advertising/ ; SEBI likely to regulate the crypto industry in India: https://www.ndtv.com/business/all-private-cryptocurrency-will-be-regulated-not-banned-sources-2634414 ; India's new crypto law set to red-flag chit fund, MLM business models: https://economictimes.indiatimes.com/industry/banking/finance/banking/indias-new-crypto-law-set-to-red-flag-chit-fund-mlm-business-models/articleshow/88040313.cms ; Cryptocurrencies may be added to existing tax laws: https://economictimes.indiatimes.com/news/economy/finance/govt-looking-to-add-cryptocurrencies-to-tax-law/articleshow/88082435.cms ; Mukesh Ambani hails India’s effort to introduce the cryptocurrency bill: https://indianexpress.com/article/technology/crypto/cryptocurrency-bill-india-mukesh-ambani-7654621/ ; Ministry of Electronics and Information Technology releases National Strategy on Blockchain: https://www.business-standard.com/article/economy-policy/meity-proposes-national-blockchain-strategy-for-adoption-across-sectors-121120400047_1.html ; Silicon Valley’s Draper Dragon Fund makes India debut: https://economictimes.indiatimes.com/tech/funding/silicon-valley-crypto-fund-draper-dragon-eyes-india-debut/articleshow/87990727.cms ; Navi Mutual Fund files for blockchain fund: https://www.moneycontrol.com/news/business/personal-finance/sachin-bansal-backed-navi-mutual-fund-files-for-blockchain-fund-7787941.html ; Fintech startup Defy raises $5.5 million to build a social crypto exchange: https://www.livemint.com/market/cryptocurrency/defy-raises-5-5-mn-launches-india-s-first-social-crypto-exchange-11637232872411.html ; CoinDCX plans to pursue IPO as soon as India regulations are in place: a href="https://economictimes.indiatimes.com/tech/startups/coindcx-plans-to-pursue-ipo-as-soon-as-india-regulations-are-in-place/articleshow/87975836.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst"...
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