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Govt unlikely to bring bill on cryptocurrency in winter session: Report
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The government is unlikely to bring a bill on cryptocurrency in the ongoing winter session of Parliament, top sources said on Wednesday.
They also suggested that whenever a bill will be brought, it will be referred to the parliamentary standing committee for wider deliberations with stakeholders.
The bill, which was listed in the government’s legislative business of the winter session, seeks to "create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India”.
It also seeks to prohibit all private cryptocurrencies in India. However, it "allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses”, according to the bill listed for introduction on
Read more on moneycontrol.comAbout this in other media
Reserve Bank Of India (RBI) Central Board Discusses Cryptocurrencies, Internal Members Not In Favor ndtv.com /3 years ago
Crypto Bill may not be introduced in Winter Session economictimes.indiatimes.com /3 years ago
Crypto Bill: More Changes Likely, Government May Consider Executive Order ndtv.com /3 years ago
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