India Crypto Regulation Depends On DEA Release In September

Quick Summary:

India is gearing up for a significant move in its crypto regulation effort as the Department of Economic Affairs (DEA) prepares to release a crucial consultation paper between September and October 2024.

This document is expected to serve as a cornerstone for shaping the country’s future approach to digital currencies.

Economic Affairs Secretary Ajay Seth, in an interview in September 2023, noted that the government would carefully consider the recommendations before finalizing its policy direction.

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Article Details

Author / Journalist: Kritika Mehta

Category: Crypto

Markets: India

Topics: India Crypto Law Nirmala Sitharaman 24/7 Cryptocurrency News Regulation News India Crypto Regulations

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 11:15:07 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 620 words

Reading Time: 4 minutes read

Sentences: 50 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22207248

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