India's Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report

India's Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report
India is no longer planning to ban cryptocurrency, a cabinet note circulated by the government reportedly indicates. Activities relating to crypto assets will be regulated by the Securities and Exchange Board of India (SEBI).

Crypto Will Not Be Banned in India, Cabinet Note Indicates
Despite reports of the Indian government planning to ban cryptocurrencies, NDTV reported Thursday that a cabinet note circulated by the government indicates that cryptocurrencies, like bitcoin and ether, will not be banned.
India's Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report