The Government of India will introduce the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the Winter Session of Parliament, which is slated to begin on November 29, reported NDTV.
The central government will be introducing 26 bills in Parliament in the Winter Session, of which India’s first Bill to regulate crypto will be one.
The news comes a week after India held its first parliamentary panel discussion on cryptocurrency, wherein a consensus was reached on the need to regulate it.
On November 16, the Parliamentary Standing Committee on Finance chaired by Bharatiya Janata Party leader and former union minister Jayant Sinha had met with representatives of the Blockchain and Crypto Assets Council (BACC), crypto
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