The #Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, listed for introduction in Parliament’s Winter Session starting Nov 29, seeks to “create a facilitative framework for the creation of the official digital currency to be issued by the RBI”.
The Bill “seeks to prohibit all private cryptocurrencies in India, however, it allows for certain exceptions to promote the underlying technology of #cryptocurrency and its uses”.…
#ExpressEditorial | To be sure, there are legitimate concerns over #cryptocurrencies. But an outright ban, even though there are questions over its enforceability, would not be the prudent way forward:…
Some of the experts say that it means that all cryptocurrencies other than Central Bank Digital Currency (CBDC) will be banned, others say it means that cryptos that do not have a public ledger to track transactions will be banned.
Different interpretations about the definition of ‘private cryptocurrencies’ have also orchestrated an environment of fear among retail crypto investors:…
Prices of #cryptocurrencies on local exchanges crashed overnight after the news broke, even though they remained largely unchanged in global markets.
The stance of countries and regulators has ranged from a total ban on these financial assets, to allowing them to operate with some regulations, to the other extreme of allowing virtual currency trading in the absence of any guidelines.
Countries such as India are somewhere in between — still in the process of figuring out the best way to regulate #cryptos after some policy and regulatory experimentation. The USA and EU have been proactive in trying to pin down the regulatory mandate, while discussions continue.
How would a Central Bank Digital Currency (CBDC) work?…
Meanwhile, while some netizens lamented the proposed private #cryptocurrency ban, some others have shared sarcastic memes. Take a look:…

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More from @IndianExpress

3 Oct
🚨 After #Panama, it’s #PandoraPapers: facing regulatory heat, elite Indians find new ways to ringfence wealth in secret havens #ExpressInvestigation | @ICIJorg
Why does this matter? There are at least 380 persons of Indian nationality in the #PandoraPapers. These are a part of 11.9 million leaked files from 14 global corporate services firms. @iyervaidy explains #ExpressExplained
Secret records of #PandoraPapers investigated by us show several cases of big-ticket loan defaulters who declare themselves bankrupt before recovery tribunals – some have even arrested – but hold billions via offshore entities. #ExpressInvestigation
Read 23 tweets
3 Aug
Some criticised for not doing chores, others moulded by the heat of farms. Living up to a brother who represented the nation, rejoicing a sister who bought a stick with daily wages. Playing #hockey to escape an alcoholic father and to vindicate a father who fought societal norms.
From cradles of the sport to a Naxal stronghold. These are the larger-than-life back-stories of the Indian hockey’s giant-killers:
#Tokyo2020 #Hockey
#RaniRampal (26, Forward) Haryana:
Rani has been playing international hockey for almost half her life, a journey that began with her playing with a broken hockey stick while wearing a salwar-kameez. She made her debut at the age of 14. Now 26, she is the key player of the team.
Read 30 tweets
2 Aug
#TejashwiYadav, who proved his political mettle in the recent Bihar polls by spearheading a high-voltage campaign against the BJP-JD(U) in the absence of father Lalu Prasad, has been emphatic in his call for a Congress-led joint Opposition to take on the BJP.
If you raise ground issues, people support you. The Chief Minister would mock us and say how will we give 10 lakh jobs, and then his own ally promised 19 lakh jobs: @yadavtejashwi Image
We gave him ( #NitishKumar ) one chance, and he did what he is known for. During the Union #Cabinetexpansion, he again did a U-turn. His words hold no value. We don’t have a machine to detect that if he joins us, he will not do a U-turn again: Tejashwi Yadav Image
Read 6 tweets
27 May
From the Archives | Remembering #JawaharlalNehru on his death anniversary through some rare archive pictures.

Photo feature:
Replug | It was a long and winding road that took the child born at Anand Bhawan to his last steps as the Indian Prime Minister at Teen Murti Bhawan. It was not an easy journey.
(Excerpted with permission from #JawaharlalNehru by Aditi De)…
Replug | #JawaharlalNehru, the historian who wrote about the past for the love of his daughter’s future Image
Read 6 tweets
27 May
#WhatsApp is taking the Indian government to court over the traceability clause in the new IT Rules 2021.The new IT rules include a traceability clause that requires #socialmedia platforms to locate “the first originator of the information” if required by authorities.
In its plea, it is learnt #WhatsApp is invoking the 2017 Justice KS Puttaswamy vs Union Of India case to argue that the traceability provision is unconstitutional and against people’s fundamental right to #privacy as underlined by the SC decision…
It should be noted that this rule will impact most messaging apps such as #Signal, #Telegram, Snapchat, Wire and others. Signal is completely end-to-end encrypted (E2E) and, in fact, WhatsApp relies on the Signal protocol for its own encryption. Image
Read 11 tweets
24 May
An analysis of real-world data from the UK details the effectiveness of Pfizer & #AstraZeneca vaccines against two variants of the #SARSCoV2 coronavirus: one, denoted as B.1.1.7, with its origins in Kent, UK, and the second, denoted as B.1.617.2, that was first detected in India.
Indian public policy has massive interest in this information since the broader B.1.617 variant is expected to, if it has not already, become the dominant strain of the disease within the population in India.
Efficacy data for interdose duration for some of the groups is:
2-dose efficacy with 12 weeks gap: 80%
The trial found that a single-dose had a similar efficacy for up to 90 days.
In addition to proving safety, the trial’s purpose was to establish efficacy of the two-dose regimen
Read 7 tweets

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