Re: Crypto related questions are going to be asked in Winter session of Parliament

Does anyone here have any idea when will the crypto bill will be placed in this session of Parliament? I was assuming that it will be on the 29th of November but it seems they are busy with other issues. Will the government suddenly place the bill and try to get it to approve swiftly without any discussion? I past they have did the same for some bills.

The crypto bill is the 11th bill in their agenda. So I think early next week this bill will be discussed. I have the link of the agenda,

http://loksabhadocs.nic.in/bull2mk/2021/23.11.21.pdf

This link will download the PDF file from where you can check the details. But unfortunately, no schedule has been given. So it's not clear when it will be discussed.

Hope this helps!

Hey!

Thanks for the detailed information. I am still sceptical if it will be presented in this session of Parliament because of the new COVID19 variant. I might be overreacting but that is what I feel I might be wrong and hope it gets presented this time as it is long due. We as a community need to know what the government is thinking. Finger crossed.

If the bill is not discussed during the current ongoing session, I would say it's a blessing in disguise. Because I am seeing a lot kf conflicting news from various media houses. Some are saying that cryptos will be banned and this bill will create provision for RBI controlled CBDC. Some are saying, it will be regulated and SEBI will be called upon to become the regulatory authority.

So there's a lot of confusion. If the bill isn't discussed now that will probably give us some more months to live our crypto dream.