India to Have Comprehensive Crypto Regulations by September, Official Says

[kreslik.news]

An unnamed senior official from India’s Ministry of Finance confirmed that the Indian Supreme Court is expected to issue a comprehensive set of cryptocurrency laws and regulations by September, according to a report by the New Indian Express.

A draft the country’s proposed cryptocurrency legislation was completed in mid-July. “The draft is ready and consultation is on with all the stakeholders,” and is now under review, the official told the news source. The “stakeholders” include the Securities and Exchange Board of India (SEBI), the Internet and Mobile Association of India (IAMAI), and the Reserve Bank of India ... (read more)