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Crypto exchanges want government to define various crypto assets
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economictimes.indiatimes.comCrypto exchanges are lobbying for definition of different types of crypto assets while the government looks to table the Cryptocurrency Bill in the Parliament this budget session, said people with direct knowledge of the matter. The government's current plan includes creating a broad framework around crypto assets that would give them a legal credence in India.
«The department of economic affairs (DEA) and the ministry of electronics and information technology (MeitY) are aiming to table the draft Bill which will be presented in the budget session,» an official directly involved in the drafting of the Bill told ET on the condition of anonymity. «The idea is to open it up for debate, but the sense is that cryptocurrency will be a regulated
. Read more on economictimes.indiatimes.comAbout this in other media
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