Today news
About the same in other media
Union Cabinet likely to discuss Cryptocurrency Regulation Bill today
Reading now: 803
business-standard.comThe Union Cabinet is likely to discuss "The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021" at today's meeting. The meeting is scheduled to take place at 1 pm, sources said.
The Union Finance Ministry on Tuesday had informed the Lok Sabha that a Bill on cryptocurrency is under final consideration of the Cabinet.
The Union government had earlier decided to table the Bill in the Winter Session of Parliament and, sources stated, it may later be referred to the Standing Committee for further deliberations.
The Bill seeks "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
Read more on business-standard.comAbout this in other media
Proposed bill banning crypto payments could mean jail for violations economictimes.indiatimes.com /2 years ago
India is said to consider capital markets regulator for crypto economictimes.indiatimes.com /2 years ago
Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchanges economictimes.indiatimes.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
