Today news
About the same in other media
‘Crypto is an alternative investment class but a complex derivative’
Reading now: 656
livemint.comCryptocurrencies are in murky waters yet again as the government has listed a bill for discussion in the winter session of Parliament, reportedly seeking to ban all private cryptocurrencies.
While some media reports said the proposed ban would encompass all private cryptocurrencies, including their mining, holding and trading, others reported that the government may treat cryptocurrencies as financial assets.
Saugata Bhattacharya, executive vice-president & chief economist, Axis Bank called crypto an alternative investment class such as oil, copper, gold, and equities, but said “...they are complex derivatives."
Bhattacharya was speaking at Mumbai Micro Experience of FinTech Festival India 2021-22.
Mrutyunjay Mahapatra - Member of the
Read more on livemint.comAbout this in other media
Proposed bill banning crypto payments could mean jail for violations economictimes.indiatimes.com /2 years ago
India is said to consider capital markets regulator for crypto economictimes.indiatimes.com /2 years ago
Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchanges economictimes.indiatimes.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
