Business

The government will introduce the cryptocurrency bill officially during the current winter session of parliament


Cryptocurrency bill to be introduced during winter session of Parliament

Cryptocurrency bill seeks top support of domestic cryptocurrencies

Cryptocurrencies and Regulations on the Official Digital Currency Bill 2021- the official bill to regulate digital currencies will be introduced in Parliament during the winter session starting on November 29. Cryptocurrency legislation is among a total of 26 bills that have been listed for the introduction, according to a government statement today.

Cryptocurrencies and Regulations of the Official Digital Currency Bill 2021 seeks to create a favorable framework for the creation of an official digital currency issued by the Reserve Bank of India (RBI). . The bill seeks to ban private cryptocurrencies in the country and would allow certain exceptions to promote the underlying technology and its use.

This comes a week after the first parliamentary panel discussion on broad aspects of crypto finance, where consensus was reached that cryptocurrencies cannot be stopped but must be regulated. .

.



Source link

newsofmax

News of max: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button
Immediate Matrix Immediate Maximum