Government of India May Regulate Cryptocurrencies “Forward Thinking” -ET

Although the Indian government opposes the use of cryptocurrencies as a means of payment, it does not plan to impose restrictions on their use, such as gold, stocks and bonds.

According to the Economic Times, citing a source from the government, the government is in the cryptocurrency regulation. “forward thinking” following a policy.

The crypto money bill, which is in the preparation stage, is expected to be forwarded to the cabinet in the next two to three weeks and presented to the parliament in the winter.

The finance committee within the parliament met with representatives from the private sector on Monday to get information about cryptocurrencies.

During the interview to the safety of investors, crypto ads published in various media and price arbitrage Although concerns were expressed about the regulation, the authorities “middle way” reported ready to watch.


Image: Indian flag, Ashwin Kumar, image modified by Koin Bulletin

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