What's Hot

    Cryptocurrencies are getting cheaper because of US officials: market overview

    10.06.2023

    Binance Allocates $1 Billion to Fight SEC

    09.06.2023

    Changpeng Zhao warned Binance employees that they are being watched by US authorities

    09.06.2023
    Facebook Twitter Instagram
    Saturday, June 10
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Regulators»Indian Opposition Calls On Government To Clarify Attitude Towards Cryptocurrencies
    c84af16eb00ac13c9d39b6af27791ecbc8675a2c
    Regulators

    Indian Opposition Calls On Government To Clarify Attitude Towards Cryptocurrencies

    AdministratorBy Administrator15.12.2021No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    Following the hacking of the Indian Prime Minister’s Twitter account, the opposition Indian National Congress party demanded that the government clarify its stance on cryptocurrencies.

    Over the weekend, hackers hacked into the Twitter account of Indian Prime Minister Narendra Modi, announcing on his behalf the legalization of bitcoin in the country and the “distribution” of 500 BTC. Despite the fact that his account has already been restored, the situation continues to cause serious concerns among lawmakers about the safety of people and their funds.

    The leader of the Indian National Congress (INC), Adhir Ranjan Chowdhury, raised the question of how to protect ordinary users of social networks if attackers manage to break into even the pages of politicians. Chowdhury believes that if the Indian government had more clearly stated its position in relation to cryptoassets, the “viral” post about the distribution of bitcoins would be believed by far fewer people.

    “At a time when the government is considering the issue of banning cryptocurrencies, the account of the country’s prime minister is hacked, tweets are published about accepting bitcoin as a means of payment and purchasing 500 BTC for their subsequent distribution among citizens. The security of the entire country is under threat, ”said Chowdhury.

    In November, it became known that the Lower House of the Indian Parliament will consider a bill banning private cryptocurrencies, which will create fertile ground for the development of the state digital currency.

    Indian Finance Minister Nirmala Sitharaman later announced that the bill is still being finalized, but it does not include a ban on cryptocurrency advertising. Chowdhury called on the Indian authorities to make a final decision as soon as possible on this bill, which will “determine the fate” of digital assets in India.

    Last week, the Indian Trade Commission (CII) proposed to classify cryptoassets as a separate category of securities, which will simplify the supervision of the cryptocurrency industry and increase the safety of users.




    #Indian #Opposition #Calls #Government #Clarify #Attitude #Cryptocurrencies

    attitude Calls clarify cryptocurrencies government Indian Opposition
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Cryptocurrencies are getting cheaper because of US officials: market overview

    10.06.2023

    Binance Allocates $1 Billion to Fight SEC

    09.06.2023

    Changpeng Zhao warned Binance employees that they are being watched by US authorities

    09.06.2023

    Animoca Brands to Reduce US Presence Due to SEC Action

    09.06.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Cryptocurrencies are getting cheaper because of US officials: market overview
    • Binance Allocates $1 Billion to Fight SEC
    • Changpeng Zhao warned Binance employees that they are being watched by US authorities
    • After the SEC lawsuits, there were no big capitulations in the crypto market
    • Vitalik Buterin has published a new key document Ethereum
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.