India’s highly anticipated crypto regulation bill is not expected to be introduced to Parliament until next year’s session begins in late January or early February. Media reports citing unnamed sources indicate that the bill is not on the agenda for the upcoming Cabinet meeting, jeopardizing its chances of being introduced in this session of parliament, which ends on December 23. The government is reportedly considering changes to the proposed bill, leading to the possibility of it being delayed further. However, the government may opt to promulgate an ordinance instead of presenting the bill in parliament if deemed necessary. The bill is expected to undergo further scrutiny and discussions in the standing committee on finance once approved by the Cabinet. Prime Minister Narendra Modi emphasized the need for global norms for emerging technologies like cryptocurrencies at a recent summit, acknowledging the evolving nature of the crypto space. Overall, the future of crypto regulations in India remains uncertain as the government continues to assess the situation.