India’s crypto community is left with unclarity on crypto regulations given the parliament’s winter session just ended, however the crypto bill was not tabled yet again. With this, it will be the second time that ‘The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021’ was listed on the agenda but never made it to the parliament. After the second postponement, it is unlikely for the Indian crypto bill to become a law, at least not until next year’s Budget Session, that will end in the month of April.
The crypto community in India is left on a cliffhanger, waiting for the government to give clarity whether or not the country’s crypto regulations will be in favour of the industry. While Finance Minister, Nirmala Sitharaman has continued to convey a positive approach towards crypto regulations, the Reserve Bank of India (RBI) has displayed opposite intent and the crypto community might be caught in the cross-fire of the Indian authorities’ conflict-of-int
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