The Cryptocurrency Bill will not be discussed by Prime Minister Narendra Modis cabinet today and may not be brought into Parliament in this session, sources have told NDTV, signalling that the government doesn't want to rush on the law.
Prime Minister Narendra Modi will take a final decision on the regulatory framework for cryptocurrencies, amid conflicting views, financial newspaper the Economic Times reported on Friday.
India is considering appointing its capital markets regulator to oversee cryptocurrencies, according to people with knowledge of the matter, as authorities look to classify them as financial assets.
London-based consumer tech company Nothing on Wednesday said it will start accepting cryptocurrency payments for its new product in selected countries (excluding India) from December 13. 📲 Nothing To Start Accepting Cryptocurrency Payments for Its New Ear (1) Black Edition in Select Countries.