A consultation document on cryptocurrencies will be released by a panel chaired by the Secretary of the Department of Economic Affairs (DEA), and it is anticipated to be published in September or October, according to sources.
The government of India is actively involved in determining the direction that digital currencies will take in the country, as evidenced by this paper that seeks input from stakeholders on how to regulate crypto assets.
October 2023 saw the Finance Minister, Nirmala Sitharaman, declare that the G20 countries have united in their stance to cryptocurrency regulation.
Since everyone is now in agreement on the global scale on the possibility of regulations, nation-specific legislative procedures will also need to be worked out.
3 reasons why stock market is rising today
March 3, 2025
7:36 am
Sensex stood at 73,593.26, up 395.16 points or 0.54 per cent. Nifty was trading at 22,243.85, up 119.15 points or 0.54 per cent. In Asia, most markets were trading higher, with the Nikkei at 1.4 per cent climbing the most.
