SC asks Centre to clarify on legality of cryptocurrency:

GS Paper 3: Topics Covered: Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights.   Context: The Supreme Court has asked the Centre whether dealing with cryptocurrencies like bitcoin is legal in India. The Court posed the query while hearing a plea by one of the …

New Crypto Bill:

GS Paper  3: Topics Covered: Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights.   New Crypto Bill Context: The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 will introduce in the winter session of Parliament.   Key Provisions: It seeks to regulate cryptocurrency and ostensibly …

Bill on cryptocurrency

GS Paper 3 Topics Covered: Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights.   Bill on cryptocurrency Context: The proposed legislation on cryptocurrencies has been tabled before the Cabinet and awaiting its approval.   Present status: An inter-ministerial panel on cryptocurrency has recommended that all …