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Official digital currency will kill cryptocurrency: Ex-finance secretary SC Garg
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cnbctv18.comIndia's cryptocurrency ecosystem is on tenterhooks after government proposes to prohibit private cryptocurrencies through legislation in the upcoming winter session of parliament. The details of the bill are still awaited and sources say the cabinet did not take it up at its meeting today (Nov 24).The union government says the proposed law aims to create a facilitative framework for the creation of an official digital currency by the reserve bank of India.
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