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Crypto token should be treated as special class of securities: CII
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economictimes.indiatimes.comThe industry body’s suggestion comes when the government is set to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, in the Winter Session of Parliament. The Bill seeks to prohibit all private cryptocurrencies in India and create a framework for the official digital currency to be issued by the Reserve Bank of India. It further said that the government should consider setting up a standing advisory council comprising representatives of regulators, policymakers, and other stakeholders who can advise on the challenges associated with the new asset class.
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Read more on economictimes.indiatimes.comAbout this in other media
India trade association, CII wants crypto to be considered ‘securities of a special class’ ambcrypto.com /3 years ago
"Cryptocurrency, Digital Tokens Should Be Considered As 'Capital Assets' For Income Tax Purposes": Industry Body CII ndtv.com /3 years ago
Treat crypto or digital tokens as securities of special class: CII moneycontrol.com /3 years ago
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