Cryptocurrency Rose On Thursday, As Bitcoin Was Trading At $48,971.04 And Saw A 2.1% Increase In The Last 24 Hours.
The Global Cryptocurrency Market Cap Today Stands At $2.38 Trillion, An Increase Of 3.7% In The Last 24 Hours.
According To Coingecko, The Total Cryptocurrency Trading Volume In The Past Day Is $132 Billion, With Bitcoin Holding 38.8% And Ethereum 20.2%.
Furthermore, Ethereum Is Up 5.2%. The Shiba Inu Is Up 0.8% To $0.000003397 In The Last 24 Hours. Dogecoin Is Down 0.4% At $0.181435 Over The Past 24 Hours.
Other Cryptocurrencies Also Outperformed Such As Polygon, Litecoin, Chainlink, Solana And Cardano.
Top Sources Said, “The Government Is Unlikely To Bring A Cryptocurrency Bill In The Ongoing Winter Session Of Parliament On Wednesday.” Will Be Referred To The Parliamentary Standing Committee For Deliberation.
The Bill, Listed In The Government’s Legislative Business In Session, Seeks To Create A Facilitating Framework For The Creation Of An Official Digital Currency To Be Issued By The Reserve Bank Of India.
It Wants To Ban All Private Cryptocurrency In India. However, It Allows Certain Exceptions To “Promote The Underlying Technology Of Cryptocurrency And Its Uses,” According To The Bill Listed For Introduction On The Lok Sabha Website.
Sources Said It Is Unlikely That The Bill Will Be Brought In The Winter Session. Currently, There Is No Regulation Or Any Restriction On The Use Of Cryptocurrencies In The Country.
Last Month, Prime Minister Narendra Modi Held A Meeting On Cryptocurrencies With Senior Officials And There Are Indications That Stronger Regulatory Measures May Be Taken To Tackle The Issue.
