Cryptocurrency Bill 2021: Check All Updates and Buzz Around Crypto & Official Digital Currency Bill

Cryptocurrency Bill 2021: Check All Updates and Buzz Around Crypto & Official Digital Currency Bill
© Provided by The Financial Express Modi Govt to introduce Cryptocurrency Bill 2021 in Parliament during Winter Session.

Cryptocurrency Bill 2021 in Parliament Live Updates: The Central Government is set to introduce the much-awaited The Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in Parliament during the ongoing Winter Session, starting today. The Crypto industry is awaiting a positive regulation that may permit investing and trading in crypto with certain restrictions. The buzz around the Crypto Bill till now has been both positive and negative.

The Crypto Bill is one of the many items on the list of bills to be introduced in Parliament during the Winter Session. Last week, confusion and panic gripped the crypto market in India as the wordings of the description of cryptocurrency bill on the list was the same as last year. It repeated the Govt’s intention to ban private cryptocurrencies. However, opinions are divided till now as to what the government means by using the term private cryptocurrency. For full clarity, we will have to wait till Cryptocurrency Bill 2021 comes into the public domain.

According to Edul Patel, CEO and Co-founder of crypto investment platform Mudrex, currently, there are more than 11,000 cryptocurrencies that are traded across exchanges. There is a lack of clarity in terms of what the government means by private cryptocurrencies. Cryptocurrencies like bitcoin, Ether and other cryptos are available across centralised and decentralised exchanges. However, all of these cryptos are created by developers or companies, and not by governments.

“The term private cryptocurrencies is interesting because there was news about governments coming up with their own cryptocurrency. These cryptocurrencies are known as CBDCs or Central Bank Digital Currencies. There could be a possibility that these CBDCs are public cryptocurrencies and all others be classified under private cryptocurrencies. However, it will be interesting to see what comes under the ambit of private cryptocurrencies,” Patel told FE Online.

Track this space for all the buzz around Cryptocurrency Bill 2021 (Expectations, Details, Key Points, Expert Suggestions for Crypto Investors in India and More…

News Related

OTHER NEWS

Ravens to interview Jaguars' Joe Cullen for DC job

© Bob Self via Imagn Content Services, LLC Jaguars defensive coordinator Joe Cullen is next in line to interview for the Ravens’ opening. Reports of Mike Macdonald‘s quick return to ... Read more »

Grizzlies vs. Spurs: Play-by-play, highlights and reactions

© Provided by HoopsHype The Memphis Grizzlies (32-17) play against the San Antonio Spurs (30-30) at AT&T Center Game Time: 7:30 PM EST on Wednesday January 26, 2022 Memphis Grizzlies ... Read more »

James Harden tells management he's committed to the Nets

© Gary A. Vasquez-USA TODAY Sports There are rumors floating about that Brooklyn Nets star guard James Harden is not happy and would welcome the chance to test free agency ... Read more »

DoT to raise Rs 7,000 crore from TCIL stake sale in Bharti Hexa

The Department of Telecommunications (DoT) is planning to raise about ₹7,000 crore by selling a 30% stake of state-owned Telecommunications Consultants India Limited (TCIL) in Bharti Hexacom, said people aware ... Read more »

Robinhood says in 'strong position' to face unlikely market events

Robinhood Markets Inc on Tuesday highlighted steps it had taken over the past year to avoid imposing trading restrictions and said it was in a “strong position” to support customers ... Read more »

Goodbye, Mr Gradual, Hello Mr Nimble: Fed Chair Powell tears up rate-hike script

The watchword the last time Federal Reserve Chair Jerome Powell oversaw a rate-hiking cycle was “gradual.” This time will be different. “We are going to need to be, as I’ve ... Read more »

'India paid heavy price for not seeing the obvious', says Manjrekar on dismal SA tour; 'There was much warning'

Team India had a disappointing outing during the tour of South Africa, which concluded last week with a dismal 0-3 series defeat in ODIs. Prior to the ODI defeat, India ... Read more »

Fidelity brokerage's 'rubber-stamping' allowed meme stock abuses, regulator says

Massachusetts’ securities regulator on Wednesday charged Fidelity Brokerage Services with improperly “rubber-stamping” applications to trade options, saying the “blatantly unethical” practice allowed some ineligible retail investors to trade in meme ... Read more »

Budaya bekap di pejabat

© Provided by Free Malaysia Today Tuan-tuan, ada satu budaya di pejabat yang mencengangkan kita. Budaya itu kita namakan ia sebagai ‘Budaya Bekap’. Bekap adalah kata yang diMelayukan dari bahasa ... Read more »

Unpacking Future Packers: No. 86 Mario Goodrich

© Provided by Packers Wire The Unpacking Future Packers Countdown is a countdown of 100 prospects that could be selected by the Green Bay Packers in the 2022 NFL Draft. ... Read more »

Inside Biden's calculated silence on Breyer's retirement

President Joe Biden received a much-needed political opening on Wednesday. But neither he, nor anyone close to him, appeared ready to celebrate it. © Andrew Harnik/AP President Joe Biden speaks ... Read more »

James Harden out Wednesday vs. Nuggets with hamstring

© Brad Penner-USA TODAY Sports The Nets were already without two of their star players going into Wednesday night’s game against the Nuggets, but now it looks like they’ll be ... Read more »

Sixers discuss how much they miss injured guard Seth Curry on offense

© Provided by Sixers Wire As the Philadelphia 76ers prepare to take on the Los Angeles Lakers on Thursday, they will have to do so without the services of Seth ... Read more »

James Harden out against Denver with hamstring injury

© Provided by HoopsHype Chris Haynes: Brooklyn Nets star James Harden (hamstring) is out tonight against the Denver Nuggets, team says. Source: Twitter @ChrisBHaynes What’s the buzz on Twitter? TJ ... Read more »

Raptors coach Nick Nurse has funny new acting role

© David Butler II-USA TODAY Sports Nick Nurse has already won an NBA championship as a head coach. Now he could be going for an Emmy Award as well. “Murdoch ... Read more »

Andrew Garfield Wore the Same Suit From ‘Amazing Spider-Man' for ‘No Way Home'

© The Ellen DeGeneres Show/GETTY Andrew Garfield has confirmed that he wore his original Spider-Man suit to reprise his role in Spider-Man: No Way Home — but first he had to iron ... Read more »

USC football fans believe Caleb Williams already enrolled, coming to Trojans

© Provided by Fansided USC football fans did some digging in the Trojans student directory and are convinced Caleb Williams has already enrolled. Caleb Williams either will or won’t transfer ... Read more »

Watch: Evan Mobley posterizes Giannis Antetokounmpo

© David Richard-USA TODAY Sports Evan Mobley may only be a rookie, but he took it straight to one of the league’s stars on Wednesday. Mobley put reigning Finals MVP ... Read more »

Report: Domantas Sabonis could return this weekend

© Trevor Ruszkowski-USA TODAY Sports Indiana Pacers forward Domantas Sabonis. Two-time All-Star Domantas Sabonis might return from a sprained left ankle this weekend for Indiana. Pacers head coach Rick Carlisle ... Read more »

Georgia football hires new assistant strength coach

© Provided by UGA (Georgia) Wire On Wednesday, Georgia football announced the hiring of Jordan Barber as associate strength and conditioning specialist. Barber has served as assistant strength and conditioning ... Read more »

Watch: LaMelo Ball finds Miles Bridges for cross-court alley oop

© Wendell Cruz-USA TODAY Sports Charlotte Hornets forward Miles Bridges. LaMelo Ball and Miles Bridges are already possibly the most exciting duo in the NBA. The young pairing linked up ... Read more »

Singapore shrinks as COVID takes shine off expatriate life

By Chen Lin and Aradhana Aravindan © Reuters/CHEN LIN Israeli expatriate Atar Sandler and her husband speak to their children at the balcony of their apartment in central Singapore SINGAPORE ... Read more »

North Korea fires projectile in 6th launch this month, says South Korea military

© Provided by Zee News Seoul: South Korea’s military says North Korea has fired at least one unidentified projectile into the sea in its sixth weapons launch this month. South ... Read more »

Hiker dies after he slips while taking photo on Arizona mountain

The 21-year-old hiker was reportedly camping with a friend on top of Flat Iron when he fell. Getty Images/iStockphoto A hiker trying to take a photo on an Arizona mountaintop ... Read more »

League micropatch targets Zeri interaction with Runann's Hurricane

© Provided by Dot Esports League of Legends introduced a new champion to the game in Patch 12.2 known as Zeri, the Spark of Zaun, a new ADC added to ... Read more »

What's included in The King of Fighters XV Omega Edition

© Provided by GamePur The King of Fighters XV will be heating up the cold month of February with its high-octane fighting game combat, and there will be a special ... Read more »

Neil Young threatens to pull songs off Spotify over Joe Rogan: report

Young reportedly posted a letter that read: They can have Rogan or Young. Not both Read more »

‘Jeopardy' Champion Amy Schneider's Streak Ends After 40 Games

© Casey Durkin/Sony Pictures Telev After a thrilling 40-game streak, “Jeopardy” phenom Amy Schneider finally met her match. Schneider, an engineering manager from Oakland, Calif., lost her 41st game on ... Read more »

England lifts ‘Plan B' Covid restrictions as Omicron ebbs

© Hannah McKay, Reuters England on Thursday lifted coronavirus restrictions imposed to tackle the Omicron variant, with masks no longer required in enclosed places and vaccine passports shelved. The number ... Read more »

Interest rates are holding steady. Here's what that means for inflation, housing

The Bank of Canada did not hike its benchmark interest rate on Wednesday despite pressure to cool surging inflation and a red-hot housing market. The central bank’s officials did signal ... Read more »

How lockdown-loving lefties turn New Zealand into a hermit kingdom

Yesterday morning I received a bleak text message. It was from the chairman of a local business association near my home in the Auckland suburb of Newmarket and contained a ... Read more »

Bill Ackman's Pershing Square reveals $1.1 billion Netflix stake after buying 3.1 million shares in 4 days

© Reuters/ Allen Fredrickson Bill Ackman. Reuters/ Allen Fredrickson Bill Ackman’s Pershing Square invested in Netflix, buying about 3.1 million shares since Friday. The billionaire’s hedge fund now commands a ... Read more »

'90 Day Fiance' Cuts Ties With Alina Kozhevnikova After Racist Social Media Posts Resurface

Alina Kozhevnikova, who is on the current season of TLC’s “90 Day Fiance: Before the 90 Days,” has been cut from the series and all other shows in the reality ... Read more »

COVID-19: B.C. daycare expels five-year-old child after father questions isolation protocol

© Provided by Vancouver Sun Nanaimo resident Dillon Wiebe with his son Arlee, 5. Dillon Wiebe has happily taken his five-year-old son, Arlee, to the same daycare for three years ... Read more »

Canadians show ‘significant' shift on sending COVID vaccines to other countries: poll

Public opinion has made a “significant” shift as to whether Canada should focus on getting COVID-19 vaccines to other countries, a new poll suggests. On Wednesday, the Angus Reid Institute ... Read more »

Cynthia Nixon meddled in 'And Just Like That' casting because of lack of diversity in original series

Cynthia Nixon is one of the three pillars of the “Sex and the City” reboot, “And Just Like That,” but she didn’t exactly jump at the chance to bring back ... Read more »

Jamie Lee Curtis Shares Pics From Set Of ‘Halloween Ends'

Jamie Lee Curtis and Kyle Richards are back to wrap up the “Halloween” franchise. The stars have headed to Savannah, Georgia to take up filming with Curtis returning as Laurie ... Read more »

Amy Schneider's Epic 40 Game Winning Streak On ‘Jeopardy' Comes To An End

Amy Schneider will always be a champion in our eyes. During Wednesday’s episode of “Jeopardy!”, Schneider’s 40 game winning streak came to an end. After breaking record after record to ... Read more »

Buying Canadian lithium firm part of China's aim to dominate high-tech manufacturing, MPs told

© Provided by National Post Arcadia Lithium mine in Zimbabwe, which a Chinese company offered more than US$400 million to buy in December. China buying a Canadian lithium mining company ... Read more »

Samsung reports 53% jump in profit despite supply chain woes

© Jung Yeon-je Pandemic-driven working from home has boosted demand for devices powered by Samsung’s chips, as well as home appliances such as televisions and washing machines South Korean tech ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic