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Crypto likely to be permitted as asset, not currency: Report
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cnbctv18.comWhile the government is unlikely to ban cryptocurrencies, it may take a cautious approach towards such investments, permitting them as assets instead of currencies, reported The Economic Times on Wednesday.While the government is unlikely to ban cryptocurrencies, it may take a cautious approach towards such investments, permitting them as assets instead of currencies, reported The Economic Times on Wednesday.The Centre may not permit use of crypto as currency to perform transactions but may allow people to hold it like an asset -- similar to shares, gold or bonds, said the ET report, citing people with knowledge of the matter.The Centre may not permit use of crypto as currency to perform transactions but may allow people to hold it like an
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