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04.12 - 11:27
Cryptocurrency here to stay, needs regulation: Experts to Parliamentary panel
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economictimes.indiatimes.comcryptocurrency is here to stay, and the challenge is to find ways of regulating it, a view endorsed by some members of the panel who expressed concern over its misuse. The experts said the government should decide how cryptocurrency is to be regulated. The parliamentary standing committee met on Monday to discuss the opportunities and challenges posed by cryptocurrency with experts and stakeholder associations. Those who deposed before the panel were of the view that cryptocurrency cannot be wished away, and the focus should be on regulation. Committee chairman Jayant Sinha told ET the intent of Monday’s meeting was to get a better understanding of the market.
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