In India, the finance committee within the parliament, after meeting with representatives from the private sector, came to the conclusion that cryptocurrencies cannot be “stopped”.
Officials from the parliament that cryptocurrencies offer opportunities and may cause difficulties He met today with representatives of the country’s leading cryptocurrency and blockchain companies to learn.
According to the Hindustan Times, after the parliamentary session “Cryptocurrencies cannot be stopped” but “needs to be regulated” agreement was reached.
An official told local news agency ANI. “A consensus has been reached that a regulatory mechanism should be established in order for cryptocurrencies to be regulated. Stakeholders in the industry about who will be didn’t make it clear.” said.
During the meeting, especially in the crypto money market to the safety of investors and published in various cryptocurrency ads concerns were expressed.
banks and financial institutions in India. Providing services related to cryptocurrencies It was banned by the central bank circular implemented in 2018, this decision was made in March 2020. Supreme Court was overruled.
Officials in the finance committee plan to meet with government officials to learn about their concerns regarding cryptocurrencies.
