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Cabinet may discuss Crypto Bill this week
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economictimes.indiatimes.comThe government has held extensive consultations on the legal framework for cryptocurrencies, including at a meeting last month chaired by the Prime Minister. The view in the government is that crypto cannot be permitted as a currency, but stringent regulation can be put in place to allow them to be held as assets. The Cabinet could consider the cryptocurrency Bill this week and subsequently introduce it in Parliament, a person privy to the plans told ET.
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View Details »FATF Guidelines The regulations are likely to prescribe investment ceilings for individuals in line with those on overseas remittance, as also stringent disclosures. Tax treatment on gains
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