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Cryptocurrency won’t be legal tender by any means: Finance Secretary TV Somanathan
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cnbctv18.comCryptocurrency won’t be a legal tender by any means, Finance Secretary TV Somanathan told CNBC-TV18 on Thursday and added that it’s absolutely off the cards.His comment comes days after the development that the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 would be taken up for consideration and passing in the winter session of Parliament.According to the Bill, India is set to ‘prohibit all private cryptocurrencies, however, it will allow some exceptions to promote the underlying technology of cryptocurrency.
The decision has led to confusion among crypto investors.Somanathan is of the view said that people are reading too much in the brief for listing the crypto bill in Parliament.“However, one thing I can say very
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