Sitharaman: India Doesn’t Plan to Recognize Cryptocurrencies as “Money”

According to statements made by Indian Finance Minister Nirmala Sitharaman on Monday, the government has no plans to put cryptocurrencies in “money” status.

Cryptocurrencies like Sitharaman, Bitcoin currency The question asked by the People’s Assembly about whether a study has been carried out to be recognized as negative response gave.

The Minister of Finance, in addition to this The government does not collect data on cryptocurrency transactions made in the country. informed about it.

indian parliament, “all private cryptocurrencies” Parliament’s bill to ban cryptocurrencies starting today It will be on the agenda during the winter.

In India, where uncertainty regarding the legal status of cryptocurrencies remains, the central bank digital central bank money (CBDC) continues to work for

Within the scope of these studies, the Reserve Bank of India demands that the definition of banknotes in the relevant law of 1934 be expanded to include digital currencies.

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