India was reportedly considering a bill to criminalize all crypto-related activities

Source: Jake Chervinsky, Crypto Law & Policy Newsletter, Q1 2021 in Review.

In the long-running trend of countries threatening to ban crypto and then not following through, India was reportedly considering a bill to criminalize all crypto-related activities in mid-March. As of this writing, the bill still hasn’t been released to the public. Some observers don’t believe India will ultimately take such a draconian approach, noting that Minister of Finance and Corporate Affairs Nirmala Sitharaman has spoken positively about crypto. Time will tell.

Read more: Jake Chervinsky, Crypto Law & Policy Newsletter, Q1 2021 in Review.

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