Governance
Centre to introduce bill banning private cryptocurrencies in India
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The Central government would introduce a bill to impose a ban on all the private players involved in cryptocurrency in India, said reports.
This bill would be introduced in the upcoming winter session of the Parliament, which would commence on November 29.
The Cryptocurrency and Regulation of Official Digital Currency Bill of 2021, is currently listed for introduction in the Lok Sabha.
Reportedly, the Centre would also prepare a framework as per the guidelines of the Reserve Bank of India to regulate digital currencies.
The aftermath of this news resulted in the fall of almost every cryptocurrency. Bitcoin went down by around 18.53%, Ethereum fell by 15.58%, and Tether down by 18.29%.
Last week, the Standing Committee on Finance, chaired by BJP member Jayant Sinha, had met the representatives of crypto exchanges, blockchain and Crypto Assets Council (BACC), among others, and arrived at a conclusion that cryptocurrencies should not be banned, but it should be regulated.
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A 49-year-old man in Nagpur died while playing badminton in Pachpaoli area on Monday morning at around 6:45 am. The deceased, identified as Gunnu Dharma Lohara, was a resident of Yadav Nagar who was playing badminton with his friend.
He was rushed to Central Railway Hospital in an unconscious state and was declared dead by the doctors there.
The beautification work of Nagpur ahead of the G20 Summit in the city on March 20 and 21 has been afoot. Take a closer look at the same above…
G20 Summit is the premier forum for international economic cooperation that plays an important role in shaping and strengthening global architecture and governance on all major international economic issues. India holds the Presidency of the G20 from 1 December 2022 to 30 November 2023.
Also read: Flags of various countries erected at RBI Square ahead of G20 Summit in Nagpur
Ahead of G20 meet in Nagpur, Assistant Commissioner of Police Ashwati Dorje, on Wednesday, said the city has been declared ‘No Drone Zone’ on March 20, 21. The development came in as a security measure for the large number of foreign delegates that will be in the city for the summit.
Any aerial objects including use of parachutes have also been banned.
Also read: ED searches at Nagpur office of Church of North India in Sadar
49-yr-old man dies while playing badminton in Nagpur
Glimpse of beautification work ahead of G20 Summit in Nagpur…
Nagpur declared ‘no drone zone’ on March 20, 21
Flags of various countries erected at RBI Square ahead of G20 Summit in Nagpur
ED searches at Nagpur office of Church of North India in Sadar
Queen’s coffin laid to rest in Edinburgh for the night
2 charred to death, 1 injured during funeral in Nagpur
SUV blows up parked cars, climbs on footpath leaving 5 injured at Nagpur’s Panchsheel Chowk
4 arrested for gang raping 30-yr-old at New Delhi railway station
8-yr-old sits by road with brother’s body as father tries to arrange vehicle to return home
Nagpur’s who’s who seek Lord Shiva’s blessings during Gupta’s customary Maha Shivratri celebrations
Shivaji Jayanti celebrations held at DPS Kamptee in Nagpur
Nagpur’s 1st woman Mayor Kundatai Vijaykar, freedom fighter Leelatai Chitaley get felicitated at Shiv Shahi Mahotsav
Amit Shah visits Deekshabhoomi, RSS headquarters in Nagpur; pens note
