Latest from Amitoj Singh
Half a Dozen of India’s Crypto Exchanges Searched After Alleged Rupee 700M Tax Evasion Detected: Sources
The sources said the searches were initiated after a Mumbai tax authority recovered funds from crypto exchange WazirX.

India’s Central Bank Recommends Basic Version of CBDC
The bank calls the currency a “convenient alternative” to cash.

Indian Ruling Party-Aligned Group Takes Stance on Crypto Regulation
The group is unlikely to have much influence on government policy, analysts said.

Binance Gains Bahrain Approval to Become Crypto Asset Service Provider, Registers in Canada
Bahrain’s “in principle” approval still requires the crypto exchange to complete the application process for a license from the central bank.

India’s Crypto Law Might Not Be Ready Before May, Sources Say
The country’s draft cryptocurrency bill probably won’t become law until after next year’s Budget Session ends in April, adding to uncertainty about the state of crypto regulation in the nation.

‘Avoid Ban on Private Cryptocurrencies,’ Indian Technology Think Tank CIS Recommends
The recommendations include classifying crypto in a way that allows it to be regulated by either the central bank or the markets regulator.

India’s Crypto Bill Likely to Be Delayed for Several Weeks: Reports
The bill, which needs Cabinet approval to be heard by the full parliament, isn’t on the agenda for today’s meeting.

India’s Crypto Bill Proposes ‘Arrest Without Warrant’: Report
Dealing in crypto could lead to an arrest without a warrant, and would be “non bailable,” according to the report.

