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India to Invite Industry Stakeholders to Help Shape Crypto Policy in Upcoming Consultation Paper

Decrypt LogoDecrypt13h ago

India to Invite Industry Stakeholders to Help Shape Crypto Policy in Upcoming Consultation Paper - Decrypt

Quick Summary:

The Indian government is taking steps to shore up its domestic crypto policy as it attempts to juggle innovation with regulatory oversight.

Binance, one of the largest exchanges affected, paid a fine of $2.25 million and registered with the FIU, allowing it to resume operations in the Indian market.

According to a CNBCTV18 report on Wednesday, the Secretary of the Department of Economic Affairs is heading up a panel that is expected to publish a consultation paper, with its release slated between September and October.


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Article Details

Author / Journalist: Vismaya V

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 07:33:17 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 397 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Decrypt

News ID: 22226743

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About Decrypt

Decrypt Logo

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 7 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 16 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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The story "India to Invite Industry Stakeholders to Help Shape Crypto Policy in Upcoming Consultation Paper" has 397 words across 15 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "India to Invite Industry Stakeholders to Help Shape Crypto Policy in Upcoming Consultation Paper" was covered 13 hours ago by Decrypt, a news publisher based in Estonia.

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The outlet is headquartered in Estonia and publishes an average of 7 news stories per day.

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  • URL: https://beamstart.com/news/india-to-invite-industry-stakeholders-172440680861

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