India’s decision to introduce its proposed regulation for the crypto industry next week has led to some fear, uncertainty, and doubt (FUD) in the market. While experts believe that a blanket ban on cryptocurrencies is unlikely, it is not impossible — albeit, not advisable. Our Managing Partner, RAJAT PRAKASH & Partner Siddharth Mahajan in conversation with Business Insider India told that "Over the years, the user base of Indians holding or trading cryptocurrencies has increa

The Lok Sabha is set to discuss the country’s cryptocurrency regulation in the week beginning November 29. The lack of change in how the item was listed on the agenda led to some panic selling. This will be the second time this year that the government has listed the crypto bill as an agenda item. Siddharth Mahajan, Partner at Athena Legal explained to Business Insider India that A"s with any new industry, innovation occurs before the regulation can catch up. This was true fo

The Indian government has listed its new crypto bill on the agenda of the upcoming Winter Session of Parliament, which starts on November 29. The description calls to “prohibit all private cryptocurrencies,” but has not defined what it means by ‘private’. According to RAJAT PRAKASH, Managing Partner at Athena Legal told Business Insider India that “An inference can be drawn that generally anything not owned by the government is considered private. Also, it could mean that cry