Ban private cryptos not on public ledger: IndiaTech's recommendation to RBI, govt
cnbctv18.comThe Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, will be tabled in the winter session of Parliament for consideration and passing. The bill will seek to create a framework for an official digital currency to be issued by the Reserve Bank of India (RBI).In an interview with CNBC-TV18, Rameesh Kailasam, the president and CEO of IndiaTech, said the firm had submitted a detailed whitepaper on cryptocurrencies to the government and RBI.
It had recommended banning private cryptocurrencies, which are not on the public ledger, he said.Also Read: India to ban all private cryptocurrencies in Parliament's Winter session"We had submitted a detailed set of recommendations 5-6 months ago. We had said that we need to call cryptos
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