Crypto Bill and DPB2021 both may be presented in the Parliament today

According to information floating around, the Data Protection Bill 2021 which is the next version of PDPB 2019 as modified by the JPC-1 under Mrs Meenakshi Lekhi and JPC-2 under Mr P P Chaudhary is likely to be presented in the Parliament today. It will be taken up for further discussions based on the time allocated.

A tentative copy of the modified bill is available at www.dpa2021.in

Some Comments have already been presented in this website in the last few days. These are available below.

PDPA 2021: The Data Protection Officer is now in an elevated professional status

PDPA 2021: The nature of Data as an Asset and nomination facility

PDPA 2021: Regulating the human perceptions

PDPA 2021: Definition of Harm to include psychological manipulation

PDPA 2021: Should Big Data and Data Analytics industry be worried?

Yet another bill which may be presented in the Parliament today is the Crypto Bill which also is the revised version compared to the 2019 version.

In the event the Crypto Bill is presented, there is an expectation that a large number of people will disinvest their Bitcoin holdings and the money will flow to the Indian Stock Markets which should see a boom. For the last few days some media sources have been building up the hype that the Bill is likely to be postponed and hence the stock market was seeing a flight of capital for investments crypto currencies. This trend could reverse immediately if the Bill is presented.

Let us hope both the bills would be presented today to the Parliament so that they can at least move to the next stage before they are passed.

Naavi

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
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