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Crypto may be allowed as asset, not as currency
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economictimes.indiatimes.comActive solicitation by companies including exchanges and platforms would be barred, people with knowledge of the matter told ET. The government is finalising legislation that will pave the way for regulation of crypto asset trading while barring the use of virtual currencies for payments and transactions.
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Indians' investments in crypto grew from about $200 million to nearly $40 billion in the past year
View Details »«Active solicitation would not be permitted… Details of the bill are being finalised,» a government source said. The legislation that's in the works could be taken to the cabinet for consideration in the next two to three weeks, the person said. The Securities and Exchange Board of India (Sebi) could
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