Big economy failed to ban crypto – RT Business News – .

Big economy failed to ban crypto – RT Business News – .

    L'Inde veut réglementer les crypto-monnaies plutôt que de les interdire purement et simplement, a rapporté NDTV.  Le mois dernier, New Delhi a fait chuter le marché numérique national en annonçant son intention d'interdire les monnaies virtuelles privées.

</p><div><p>Le réseau de télévision indien NDTV a déclaré que le gouvernement avait fait circuler une note sur le projet de loi, qui indique que les crypto-monnaies privées seront réglementées et ne seront pas reconnues comme monnaie légale en Inde.  La législation décrit également les crypto-monnaies comme des actifs cryptographiques qui seront supervisés par l'organisme de surveillance du marché du pays, le Securities and Exchange Board of India (SEBI). 

Citizens who have digital currencies will be given a deadline to declare their crypto assets and transfer them to exchange platforms overseen by the regulator. Failure to do so by the deadline will result in penalties, including jail time, NDTV says.

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It was reported in November that the Indian government was considering a bill proposing to create an official digital coin and ban all private cryptocurrencies in the country. Last week, however, Finance Minister Nirmala Sitharaman said the bill was being reviewed and amended to respond to rapid changes in the industry.

The Cryptocurrency and Official Digital Currency Regulation Bill would seek to protect small investors by treating cryptocurrency as a financial asset. It should be presented during the next winter session of Parliament.

There is no official data available on the Indian crypto market, but industry estimates cited by Reuters put the total amount of digital currency held in India at 400 billion rupees (5.4 billion rupees). dollars).

Prime Minister Narendra Modi said last month that it is important to ensure that cryptocurrencies such as bitcoin do not “End up in the wrong hands, which can ruin our youth. “

For more articles on economics and finance, visit the business section of RT


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