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Bitcoin trades at over 3% discount in India

Bitcoin and other cryptocurrencies are trading at a discount in India after the country’s government listed a crypto bill in Parliament for discussion yesterday. At the time of writing, bitcoin at WazirX is trading at around 40,90,000 Indian rupees (around $54,900) compared to $56,750 on Binance — a difference of over 3%, which is significant. The discount was over 15% last night and earlier this morning on various Indian crypto exchanges, but it appears to be narrowing now. Source: WazirX …

Indian government is expected to introduce a crypto bill in Parliament

The government of India is expected to introduce a crypto bill in the winter session of Parliament, according to an official bulletin. The bulletin, published Tuesday, lists “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” for introduction, consideration and passing. The bulletin is published by the Lok Sabha — the lower house of India’s bicameral Parliament. It confirms recent reports that said a crypto bill will be presented in the winter session of Parliament, which begins on November …