As the year ends and the holiday cheer begins, we bring a
round-up of the discussion this year around crypto regulation in
India. Despite expectations, the government has not introduced any
regulations on cryptocurrency in the winter session of Parliament.
This has left the crypto industry in a state of flux, with the lack
of regulation being both a source of optimism and concern among the
industry. This blogpost discusses when regulations on
cryptocurrency can be expected, what the regulations may contain
and how the industry and regulators are reacting to recent
developments.
CHRISTMAS CRYPTO ROUND-UP
1. Context
The winter session of Parliament has concluded, with no
legislation on cryptocurrency being introduced. The government had
listed the Cryptocurrency and Regulation of Official Digital
Currency Bill, 2021 (Draft Bill) for
introduction in the winter session of the Parliament, which had the
same name and description as the legislation banning
