Hot Deal

Government lists cryptocurrency bill for passage in winter session

1437°
Generous
bohemian
The government has listed the cryptocurrency bill in its legislative business plan for the winter session of the Parliament that begins on November 29. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 had been originally listed for discussion and passage in the Budget session of the Parliament earlier this year. The much-awaited bill purports to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India. “The Bill also seeks to prohibit all private cryptocurrencies in India, however, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses,” the government said. https://www.bloombergquint.com/business/governm... https://economictimes.indiatimes.com/markets/cr...
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
75 Comments  |  
43 Dimers
  • Sort By
Deal Cadet Deal Cadet
Link Copied
You know it’s bad when it comes from the GOBOment
Deal Newbie Deal Newbie
Link Copied

Worst govt.. They don’t know what to do. Same like petrol prices. Last month increases 11 rupees.now they reduced 5rs and saying, govt concerning people’s economy

Tech Guru Tech Guru
Link Copied

@MJ911 @bumblefoot political thread

Generous Generous
Link Copied

Is it? smile It was transferred to finance by admin himself

View 3 more replies
Deal Lieutenant Deal Lieutenant
Link Copied

In case of indian exchnages ban, we could transfer our fund to binance etc international exchanges.

We could convert or crypto to XRP & transfer at 10-12rs cost, we could also use Bitcoin cash (50rs around charge ) for same.
i heard that only private cryptos are getting ban but still if they ban all then we could transfer.

Deal Captain Deal Captain
Moderator
Link Copied

Crypto Bill Will Regulate, Not Ban, Claim Industry Sources

“Fresh draft of the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 brings regulation not ban, industry sources told NDTV. The crypto stakeholders asked for regulation to keep a check on corrupt practices and there are likely to be amends to the Bill, they added.”

https://www.ndtv.com/business/cryptocurrency-ba...

Deal Captain Deal Captain
Moderator
Link Copied

Will uncertainty over India’s crypto regulation impact job creation?
The crypto industry currently employs about 50,000 people and has the potential to create 8,00,000 jobs by 2030

https://www.moneycontrol.com/news/business/cryp...

Deal Subedar Deal Subedar
Link Copied

Lagta hai logon ne Crypto bech kar Tomato khareed liya #cryptoban #TomatoPrice

Deal's Advocate Deal's Advocate
Link Copied

Dont get bothered by all this ban-van…..daba ke invest karo ya hold the investment. Dont get panic and withdraw. I am doing the same an so suggesting the same. Rest is your wish.

Deal Cadet Deal Cadet
Link Copied

India’s Kim gg minus1

Deal Newbie Deal Newbie
Link Copied

i wonder if they have already have created the coin and in their pocket right now 😉. This govt dont care about people at all ..its just take take take

Finance Ninja Finance Ninja
Link Copied

Ban cryptocurrency. cryptocurrency is Illusion nothing else.

NPCI already Launches Blockchain-Based “Vajra” Platform To Secure Payment,

RBI should launch digital “Rupee” asap.

Super Stud Super Stud
Link Copied

Just curious do you have any direct indirect stake in Rupay, NPCI or are you with these companies?

You can pm me if you do not want to tell to everyone.

View 4 more replies
Deal Newbie Deal Newbie
Link Copied

achche din ayenge smiling_imp smile….

Deal Cadet Deal Cadet
Link Copied

Some of the people don’t even know what’s is crypto

Still they blame government
Whatever govt do they just want to blame

Deal Subedar Deal Subedar
Link Copied

Don’t sell ur holdings in PANIC because the BILL is not yet passed.
Somewhat same view expressed by CA Anil Singhvi – https://twitter.com/AnilSinghvi_/status/1463183...

P.S. – We have to sell our holding that is for sure BUT at the same time need to check how govt defines private cryptocurrency.

Deal Subedar Deal Subedar
Link Copied

CoinDCX and other crypto apps’ Business-


https://cdn0.desidime.com/attachments/photos/724411/medium/20211124_110607.jpg?1637733320

Deal Cadet Deal Cadet
Link Copied

For a company named “Indian Government” .. Crypto is way difficult to implement as the foundation of Public related services is on strong foundation of Corruption. Because of Crypto it’s impossible to mint money for Govt officials under the name of transperent work and loopholes in policy Defination and implementation. Once Govt find the solution as how to enforce more sincerity and transperency to common individual then Govt will implement Crypto acceptance as by that way they can control people and thereby claiming the adoption of modern technology. Upcoming 2024 election will play pivotal role as existing govt will ensure based on public perception whether they want to ensure/force the next Govt to be completely transperent so that nobody (Govt and common citizen) should dare to think of Corruption.

Deal Newbie Deal Newbie
Link Copied

Ban Gov , jeena haraam ho jaega kuch dino mai

Deal Subedar Deal Subedar
Link Copied

Why don’t gov bring Bill on Gutkka, liquor, Ciggrates, online gambling platform like dream11, rummy etc. Simply tax hungry gov.

Pro Critic Pro Critic
Link Copied

Bcz they r source of income of gov 🤷‍♂️

View 1 more reply
Deal Lieutenant Deal Lieutenant
Link Copied

Decentralisation gale se utar ni raha govt. Ke …
They will launch there own rbi blockchain coins …
Apna maal bikna chaiye samje

Deal Lieutenant Deal Lieutenant
Link Copied

Decentralisation se phati padi h govt. Ki
That’s why they will launched there own rbi crypto currency

Deal Captain Deal Captain
Link Copied

Are you guys selling it all off? What to do?

Deal Subedar Deal Subedar
Link Copied

Its even better for Govt than currency notes. Full investment in their RBI crypto and no return guranntee. At least currency notes have some gurantee.

Deal Subedar Deal Subedar
Link Copied

They banned and unbanned and again banned and unbanned. Noe again ban. They can do whatever they want lmao. Cause im not gov and i dont need to sell my cryptos 🤣🤣

Its like they are on periods

Pro Community Angel Pro Community Angel
Link Copied

Buy gold they will not ban it smile

Pro Critic Pro Critic
Link Copied

Jab ye Indian note ko ban kar sakte hai Phir kuch v ho sakta hai lale,Kyuki ye sab k sab hai Bh…wale . Kya pta kisi din ye v announce ho jaye Yellow gold ban only white gold chalega India me laughing laughing

View 1 more reply
Like Magnet Like Magnet
Link Copied

Transfer your cryptos to any hardware wallet and HODL those if you truly believe that ‘Crypto is the future’.

Like Magnet Like Magnet
Link Copied

When you look for the definition of ‘Private Crypto’, you will find that there is only one private crypto in the top 10 and that is Ripple(XRP).

Deal Lieutenant Deal Lieutenant
Link Copied

Government wants us to become slave of them, financialy weak…then only they can rule.. smiling_imp

Deal Cadet Deal Cadet
Link Copied

anyone know how to save one’s investment worth lacs ?

Deal Cadet Deal Cadet
Link Copied

O no I will loose bitcoins worth lacs pensive

Vanguard Vanguard
Link Copied

There isn’t any specific mention like btc or ether. How you know? sweat_smile

replyuser
Click here to reply
Reply