Search Results for: bitcoin
Crypto Bill and DPB2021 both may be presented in the Parliament today
According to information floating around, the Data Protection Bill 2021 which is the next version of PDPB 2019 as modified by the JPC-1 under Mrs Meenakshi Lekhi and JPC-2 under Mr P P Chaudhary is likely to be presented in … Continue reading
IMF warns about Macro instability if Cryptos are recognized as legal
IMF has given a clear warning that if Crypto currencies are recognized as legal tender, there would be a macro economic instability. Read here Also here Some of the comments made by IMF are: Consumer protection risks remain substantial given … Continue reading
PDPA 2021: Regulating the human perceptions
(This is in continuation of our previous article) While discussing the PDPA 2021 and inclusion of Section 3(23)(xi) we observe the following: Current PDPB 2019 Section 3(20) Proposed PDPB 2021 Section 3(23) (20) “harm” includes— (i) bodily or mental … Continue reading
What is the next Excuse for not banning Crypto Currencies?
Black Money in India is more powerful than even Mr Modi. Hence banning of Crypto Currencies which means banning of Digital Black Money cannot be done easily by the Government even of Mr Modi or Mr Amit Shah would swear … Continue reading
Cryptos pose a new threat- The MetaVerse Trap
The presentation of the Crypto regulation bill in the Parliament has put the industry promotion on an over drive. Zee Business recently ran a series of panel discussions to promote crypto currency, in a well crafted advertorial exercise. People who … Continue reading
The Crypto Rupee
The proposed “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” (Crypto Bill-2021) is expected to “Prohibit” private crypto currencies and also enable issue of a RBI controlled Crypto currency. Knowing the power of corruption, we need to wait … Continue reading