India’s Crypto Law Delayed Again: What the Latest VDA Hearing Cancellation Means for Investors

• Today’s parliamentary meeting on India’s crypto regulation is reportedly cancelled.
• As a new date has not yet been revealed, the industry is once again in uncertainty.
• Parliament has already proposed rules, but the government still needs to act.

India’s long-awaited crypto regulation plans are facing another major challenge as a key parliamentary hearing was cancelled. The hearing with the Department of Economic Affairs (DEA) was originally scheduled for today to discuss the country’s approach to virtual digital assets (VDAs). Now, the hearing is cancelled, with no new date confirmed yet.

This delay adds to the uncertainty in India’s crypto regulation space. While the country’s current VDA rules largely focus on taxation and AML regulations, there is still no clarity on the asset class’ broader regulatory framework.

India’s Crypto Regulation Ha…

Read The Full Article India’s Crypto Law Delayed Again: What the Latest VDA Hearing Cancellation Means for Investors On Coin Edition.