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New cryptocurrency bill: What we know so far
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cnbctv18.comThe winter session of the Parliament is all set to begin on November 29, where several important bills will be tabled for debate and passage. A key bill that is expected to draw a lot of attention will be on the future of cryptocurrency in India.The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 has a key difference from the earlier cryptocurrency draft bill introduced in 2019.
It omits the words "banning of" in the title. But despite the name change, the main purpose of the bill still seems to be to prohibit the use of cryptocurrencies in India.ALSO READ | What will happen to your crypto investments if India bans digital coins?According to the Lok Sabha website, the bill will be introduced "to prohibit all private
. Read more on cnbctv18.comAbout this in other media
Allowing cryptocurrency may erode central bank's control over money supply: Former RBI Guv Duvvuri Subbarao moneycontrol.com /3 years ago
Cryptocurrency Bill: Government has no plans to boost cryptos in India cnbctv18.com /3 years ago
Indian Crypto Bill To Regulate, Not Ban 'Private Cryptocurrencies' - Report cryptonews.com /3 years ago
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