Project 3

Avatar of cucu cahyati.
Avatar of cucu cahyati.

Project 3

Crypto Asset


Crypto Asset Bill Proposes To Prohibit Use Of Crypto As Currency

The crypto bill which will be presented in the winter session of the Parliament seeks to establish a regulatory framework of crypto's evolving space

The Crypto Asset Bill proposes to prohibit usage of crypto asset as currency substitutes or as payment systems for remittances. The bill also proposes to establish a facilitative framework for distributed ledger technology and also lay the groundwork for creation of the official digital currency to be issued by the Reserve Bank of India (RBI) and regulated under the RBI act, sources told NDTV.

The bill which will be presented in the winter session of Parliament also proposes to establish a regulatory framework to regulate the evolving space and to prohibit advertisements and the spread of misinformation to the public in line with global approach.

https://wakelet.com/wake/r7VeiF_uCfh3zEZllcSRK

https://groups.google.com/g/-2021--schemeshd/c/FzC3NK9-fxI

https://wakelet.com/wake/jbalh6xkmztj3cHY63adp

https://groups.google.com/g/-2021--schemeshd/c/8EExY8OS3Kg

https://wakelet.com/wake/r0bPIXxxnZfkuz5LNN5MS

https://groups.google.com/g/-2021--schemeshd/c/6ifZ1CUYsao

https://wakelet.com/wake/ynp7PVn9aGI2joug50fPx

https://groups.google.com/g/-2021--schemeshd/c/Wg-w82k050c

https://wakelet.com/wake/_K4ObNzNBz8D4mJ2VVPgj

https://groups.google.com/g/-2021--schemeshd/c/Gz-g0r9-ePs

https://wakelet.com/wake/b_UqVqQIwcAcX0WJ_9v39

https://groups.google.com/g/till-we-meet-again---4k1080p-/c/EXRq-tcbmpI

https://wakelet.com/wake/ESDl5nTRCv-lhn-eV0N-7

https://groups.google.com/g/till-we-meet-again---4k1080p-/c/CzRF8aggx2s

https://wakelet.com/wake/5CXhJ8l94kODNTNo7uC4N

https://groups.google.com/g/till-we-meet-again---4k1080p-/c/UA-WmxafTUU

https://wakelet.com/wake/-KJ2DVNhXKsBoYPTmkt8U

https://groups.google.com/g/till-we-meet-again---4k1080p-/c/Z_dmWz_PojQ

https://wakelet.com/wake/X13vXrld5ZKeajAfeqa9r

https://groups.google.com/g/till-we-meet-again---4k1080p-/c/5GcwX7RmRx4



The bill seeks to minimise financial stability risk by suitably ring fencing the formal financial sector from crypto assets


As the underlying technology of crypto assets are still evolving and has many uses, the bill proposes exemption to any person using technology underlying any Crypto asset for any lawful activity


The bill empowers the central government to exempt certain activities in public interest like crypto mining, generating holding, selling dealing in issue transfer dispose of or uniting it as a medium of exchange, store of value and a unit of account.


The bill seeks to impose penalty for contravention of its provisions by individuals as well as corporate bodies the offences shall be cognizable and non-bailable. The regulator for currency will be RBI and crypto assets shall be regulated by market regulator SEBI.



https://wakelet.com/wake/r7VeiF_uCfh3zEZllcSRK https://groups.google.com/g/-2021--schemeshd/c/FzC3NK9-fxI https://wakelet.com/wake/jbalh6xkmztj3cHY63adp https://groups.google.com/g/-2021--schemeshd/c/8EExY8OS3Kg https://wakelet.com/wake/r0bPIXxxnZfkuz5LNN5MS https://groups.google.com/g/-2021--schemeshd/c/6ifZ1CUYsao https://wakelet.com/wake/ynp7PVn9aGI2joug50fPx https://groups.google.com/g/-2021--schemeshd/c/Wg-w82k050c https://wakelet.com/wake/_K4ObNzNBz8D4mJ2VVPgj https://groups.google.com/g/-2021--schemeshd/c/Gz-g0r9-ePs https://wakelet.com/wake/b_UqVqQIwcAcX0WJ_9v39 https://groups.google.com/g/till-we-meet-again---4k1080p-/c/EXRq-tcbmpI https://wakelet.com/wake/ESDl5nTRCv-lhn-eV0N-7 https://groups.google.com/g/till-we-meet-again---4k1080p-/c/CzRF8aggx2s https://wakelet.com/wake/5CXhJ8l94kODNTNo7uC4N https://groups.google.com/g/till-we-meet-again---4k1080p-/c/UA-WmxafTUU https://wakelet.com/wake/-KJ2DVNhXKsBoYPTmkt8U https://groups.google.com/g/till-we-meet-again---4k1080p-/c/Z_dmWz_PojQ https://wakelet.com/wake/X13vXrld5ZKeajAfeqa9r https://groups.google.com/g/till-we-meet-again---4k1080p-/c/5GcwX7RmRx4
Avatar of the user.
請先登入再留言。

發布時間: 2021年12月3日
19
5
0

工具

amazonwebservices
Amazon Web Services

news

分享