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Govt to move cryptocurrency bill in Parliament’s winter session
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cnbctv18.comThe government is set to move Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the winter session of Parliament for consideration and passing.The cryptocurrency bill seeks to create a facilitative framework for the creation of official digital currency to be issued by the Reserve Bank of India (RBI).
It also seeks to prohibit all private cryptocurrencies in India.However, the Bill allows certain exceptions to promote the underlying technology behind cryptocurrency and its uses.The development comes a week after a Jayant Sinha-led parliamentary panel gathered views from the representatives of crypto exchanges, Blockchain and Crypto Assets Council (BACC), industry bodies and other stakeholders on crypto finance.
. Read more on cnbctv18.comAbout this in other media
Cryptocurrency not to be banned; SEBI to regulate it, says report cnbctv18.com /2 years ago
Cryptocurrency bill: Regulation likely to be graded, responsible rather than outright ban, says Amar Patnaik cnbctv18.com /2 years ago
No proposal to recognise Bitcoin as currency: FM Nirmala Sitharaman in Parliament moneycontrol.com /2 years ago
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