Trending topics
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
Crypto India
🚨UPDATE: 🇮🇳 More on the Online Gaming Bill 2025:
🛑 Authorities given powers to search and arrest without a warrant, including access to servers, devices and digital platforms.
⚖️ Offences by operators are non-bailable, with penalties of up to 3 years jail and ₹1 crore fine.
📵 Advertising or promoting money games can lead to 2 years jail and ₹50 lakh fine.
👥 Corporate executives such as directors and managers can be held personally liable for violations.
🗣️ MeitY Secretary Krishnan calls the bill “balanced,” says players won’t be criminalised, only platforms.
🌐 Government says it is prepared to tackle offshore operators and VPN misuse.
👉 Industry groups warn the ban could cost over 2 lakh jobs, cut ₹20,000 crore in taxes, and push 45 crore users to illegal apps.
Source: Moneycontrol
Aug 19, 21:49
🚨BREAKING: 🇮🇳 Indian Government clears Online Gaming Bill 2025:
✅ Establishes National e-Sports Authority to regulate & promote competitive gaming.
✅ Officially recognizes e-sports as a legitimate sport.
❌ Bans all money-based gaming transactions, banks/fintechs barred from processing.
❌ Digital betting made punishable with fines & imprisonment.
❌ Ads & promotion of real-money games prohibited.
⚡ MeitY empowered to regulate & block illegal platforms.
👉 Bill aims to promote e-sports as a growth sector while cracking down on betting & money games.
Likely to be tabled in Lok-Sabha tomorrow.
Source: Moneycontrol
28.05K
🚨BREAKING: 🇮🇳 Indian Government clears Online Gaming Bill 2025:
✅ Establishes National e-Sports Authority to regulate & promote competitive gaming.
✅ Officially recognizes e-sports as a legitimate sport.
❌ Bans all money-based gaming transactions, banks/fintechs barred from processing.
❌ Digital betting made punishable with fines & imprisonment.
❌ Ads & promotion of real-money games prohibited.
⚡ MeitY empowered to regulate & block illegal platforms.
👉 Bill aims to promote e-sports as a growth sector while cracking down on betting & money games.
Likely to be tabled in Lok-Sabha tomorrow.
Source: Moneycontrol
66.75K
Top
Ranking
Favorites