Finance News

Story: Indian Government Is Deliberating on the Regulatory Framework of the Cryptocurrency

By Maheen Hernandez

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Subhash Garg, Economic affairs secretary India stated, "But whatever it is, it would be a private cryptocurrency, and that's not something we have been comfortable with.

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The Reserve Bank of India has already placed restrictions concerning cryptocurrencies and has called for stringent penalties for the use of cryptocurrencies.

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The Indian law mandates that Bitcoin should be treated as a currency as the Indian law mandates securities to be existing in metal or physical form, which is stamped by the…

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High Ranking police officers in India are to be educated about cryptocurrency.  The training will involve investigation of cases which include cryptocurrencies.

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The course will be titled “Investigation of cases involving cryptocurrencies.”  Officers will be learning more about the "legal aspects of cryptocurrencies; crimes committed…

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“The trained officers will be posted as Assistant Superintendent of Police (ASP) in their respective states under whom the other sub-ranks of [the] police force will be working.

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The short period of consolidation is getting over, and the market is moving all over again.  The market share of Bitcoin went down by 62.2%.

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Most of the Z generation are not planning to buy the cryptocurrency.  In a recent survey, participants were surveyed about how likely they might purchase a cryptocurrency…

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Business Insider remarked: “The reinvigorated market could cause some of the teens in the survey to rethink their position, and it may spur the 26% who said they were somewhat…

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