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Govt to move bill to ban all ‘private cryptocurrencies’
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livemint.comNEW DELHI : Days after Reserve Bank of India governor Shaktikanta Das warned that crypto-currencies pose a serious concern to macroeconomic and financial stability, the government’s legislative agenda for the upcoming winter session of Parliament showed it plans to ban “private cryptocurrencies".
The government is set to introduce “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021" in the winter session of Parliament beginning 29 November for consideration and passing. The bill aims “to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India. The bill also seeks to prohibit all private cryptocurrencies in India; however, it allows for certain
Read more on livemint.comAbout this in other media
Indian Crypto Bill To Regulate, Not Ban 'Private Cryptocurrencies' - Report cryptonews.com /3 years ago
Cryptocurrency not to be banned; SEBI to regulate it, says report cnbctv18.com /3 years ago
RBI-backed CBDC likely to feature in crypto bill: official economictimes.indiatimes.com /3 years ago
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