cryptocurrency framework, a senior government official said. This means that it may not be introduced in the winter session of parliament as planned.
The issues being debated include the need for wider consultation and seeking comments from the public as well as whether the Central Bank Digital Currency (CBDC) to be introduced by the Reserve Bank of India needs to be a part of this bill or should be dealt with under the RBI Act. «After several rounds of discussions at the highest levels, it was felt that any legislation surrounding cryptocurrency must be in tandem with a global framework which is still evolving.
It might be a better strategy to wait and observe how this space evolves globally,» the official told ET. «Also, it was felt that
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