India’s Crypto Law Might Not Be Ready Before May, Sources Say

India’s Crypto Law Might Not Be Ready Before May, Sources Say
In what may come as a major disappointment for India’s crypto community, a law to regulate cryptocurrencies is unlikely until at least after next April, several people familiar with the matter told CoinDesk.The legislation is still a work in progress. While the bill titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021″ was listed on the website of the Lok Sabha (the lower house of India’s Parliament), for the winter session of Parliament which ended Dec. 22, it was dropped in the final days of the session.While it has been reported the government “wants to hold wider consultations…