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Market News

Is Crypto Bill on India’s Agenda After the G20 Summit?

In the national capital of New Delhi, the session will take place for five days immediately following the G20 summit.

Written By:
Jalpa Bhavsar

Last updated: September 1, 2023 11:16 AM
Published 2023-09-01
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Last updated: September 1, 2023 11:16 AM
Published 2023-09-01
Is Crypto Bill on India's Agenda After the G20 Summit?

An announcement by the government after the G20 summit indicates that a special session of parliament will be organized from September 18 to September 22 and will have five sittings.

Special Session of Parliament (13th Session of 17th Lok Sabha and 261st Session of Rajya Sabha) is being called from 18th to 22nd September having 5 sittings. Amid Amrit Kaal looking forward to have fruitful discussions and debate in Parliament.

ಸಂಸತ್ತಿನ ವಿಶೇಷ ಅಧಿವೇಶನವನ್ನು… pic.twitter.com/k5J2PA1wv2

— Pralhad Joshi (@JoshiPralhad) August 31, 2023

On August 31, Union Parliamentary Affairs Minister Pralhad Joshi posted about the special session on Platform X. The sessions (the 13th session of the 17th Lok Sabha and the 261st Session of the Rajya Sabha) will be held days after the G20 summit in the national capital- New Delhi, on September 9 and 10.

The reason for the special session is still not specified, but there is some speculation in official circles. The Modi government possibly make a major announcement, such as starting the process for holding nationwide elections simultaneously, introducing the Women’s Reservation Bill, or introducing the crypto bill. 

In recent times, PM Modi has called for a global framework for cryptocurrency and the ethical use of Artificial Intelligence at the B20 summit. Also, the Indian Ministry of Electronics and Information Technology (MeitY) encourages the development of the Web3 ecosystem and cryptocurrency by hosting a challenging competition.

Due to the government’s strong support for the cryptocurrency industry, the Modi administration may present the crypto bill or make other decisions about the crypto industry at this special summit for parliament. 

Also Read: OKX Plans To Enter India For Web3 Growth

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.

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