The union government has no plans for boosting the cryptocurrency sector in the country, the ministry of finance told Parliament on Monday.
The comments come in the wake of rapid developments in the cryptocurrency space in India with the government all set to introduce a Bill in the ongoing parliament session to regulate cryptocurrencies.
Further, in reply to a question on the data available for active cryptocurrency exchange companies working in India for both the local developers and the international developers, the government said it does not collect any data on the cryptocurrency sector.
"A Bill on cryptocurrency and regulation of official digital currency has been included for introduction in the Lok Sabha and is expected to be taken
Read more on livemint.com