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Govt plans bill to ban private cryptocurrency, allow RBI digital coin
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economictimes.indiatimes.comgovernment will move a bill to frame rules for cryptocurrencies aimed at prohibiting private coin while providing a framework for the creation of an official digital currency to be issued by the Reserve Bank of India (RBI). The bill is listed among 26 items of legislation for consideration in the winter session of parliament, according to a bulletin issued by the Lok Sabha on Tuesday.
The crypto industry is hopeful there won’t be a complete ban on cryptocurrencies. “The bill also seeks to prohibit all private cryptocurrencies in India.
Read more on economictimes.indiatimes.comAbout this in other media
Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchanges economictimes.indiatimes.com /3 years ago
How the govt. can ‘hedge against a world where there’s a Bitcoin standard’ ambcrypto.com /3 years ago
Indian Crypto Bill To Regulate, Not Ban 'Private Cryptocurrencies' - Report cryptonews.com /3 years ago
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