
Crypto India|Aug 19, 2025 13:50
🚨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(Crypto India)
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