India’s Crypto Bill Won’t Be Presented in Budget Session

According to the news of Hindi Business Line, the Indian government will not introduce the expected crypto bill during the budget session.
 India’s Crypto Bill Won’t Be Presented in Budget Session
READING NOW India’s Crypto Bill Won’t Be Presented in Budget Session

According to the news of Hindi Business Line, the Indian government will not introduce the expected crypto bill during the budget session.

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20 different bills will be discussed on the agenda of the first part of the session.

The Economic Times stated that the Indian government has not yet reached a consensus on the content of the bill. According to information from an anonymous source, the government considers this to be a complex issue that requires more time.

Again, according to the anonymous source, this delay in the bill is linked to the imminent launch of India’s CBDC pilot version.

The government also has yet to adopt guidelines on crypto taxation.

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