In a meeting held on Jan 24, 2019 the IEPF authority with DEA, CBDT, CBIC and MCA, unanimously decided "Department of Revenue and Department of Economic Affairs may immediately take steps to completely ban sale, purchase and issuance of all forms and types of cryptocurrencies".
Posts tagged as “DEA”
Indian Government agencies are deliberating to submit a draft bill for Banning Cryptocurrencies and regulating official Digital Currencies. Media reports say departments like CBDT, MCA,…
“Indian Government is never going to regulate crypto”, a telegram user texts, the message riddled with angry emojis. “They don’t understand that Blockchain without cryptocurrency…
An RTI response from Department of Economic Affairs around cryptocurrency says ‘Relevant policy [around Virtual currencies] is currently under formulation stage’, reaffirming the reports that…