Cryptocurrency Bill: Govt is not banning crypto, but bringing law to regulate it: Anil Singhvi

1:52 pm: I will buy crypto once i start understanding it. Once there is clarity and regulation is clear- Anil Singhvi 

1:50 pm: India has nearly 10 crore investors. One should not panic as the knee-jerk reaction is almost over. They should wait for the government to provide more clarity  - Anil Singhvi

1.45 pm. The law should be there to protect investors and for security of investors. India has one of the biggest crypto investors. There is only concern about volatility.  - Anil Singhvi

1.42 pm: Government is banning private cryptocurrency, not other cryptocurencies.  Bitcoin, Ethereum and likes are not private currencies- Anil Singhvi

1:40: Regulation issue is not isolated to India, but is a global issue- Anil Singhvi

1.35 pm: Government will ban only private cyptocurrencies.- Anil Singhvi

1: 30 pm: I have neutral opinion on cryptocurrency. The government is not banning crypto, but bringing law to regulate it - Anil Singhvi

Watch Anil Singhvi's take on cryptocurrency Bill | what should investors do now?

#CryptoNewsWithZee

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जानिए सारे सवालों के जवाब, अनिल सिंघवी के साथ..@AnilSinghvi_ https://t.co/xpkH29EaqS

— Zee Business (@ZeeBusiness) November 24, 2021

Cryptocurrency Bill: As the government plans to introduce a new bill aiming to regulate cryptocurrencies in India in the Winter Session of the Parliament, there is a panic among crypto investors. The overall crypto market has also taken a huge drubbing post the legislative agenda for the House was out on Tuesday for the upcoming session.

See Zee Business Live TV Streaming Below:

As crypto investors remain ambiguous about this Bill, Zee Business Managing Editor Anil Singhvi will have a special program aimed at clearing all doubts related to this development. If you are holding a crypto, what should you do? Should you hold or sell? What should you do for fresh investment in crypto? Why the government is bringing the Bill on cryptocurrency? What are the risks and benefits of virtual currency—All your question will be answered at 1.26 pm show with Anil Singhvi.  

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क्रिप्टो में नए निवेश के लिए क्या करें?

सरकार क्यों ला रही है क्रिप्टो पर कानून ?#Crypto में क्या है रिस्क, क्या है फायदा?

सारे सवालों के जवाब, अनिल सिंघवी के साथ 1:26 PM पर#CryptoNewsWithZee | #bitcoins pic.twitter.com/76SN2KPz94

— Zee Business (@ZeeBusiness) November 24, 2021

As per the details of the Bill, it would seek “To create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India,” the agenda noted. “The Bill also seeks to prohibit all private cryptocurrencies in India; however, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses.”