Crypto India
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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