The much-awaited Cryptocurrency Invoice won’t be launched within the present Parliament session because it requires additional consultations to re-evaluate the contours of the framework, mentioned authorities sources. The Cryptocurrency and Regulation of Official Digital Foreign money Invoice, 2021 (Crypto Invoice), which is included within the agenda of the Decrease Home of Parliament, may very well be launched within the monsoon session, it’s learnt.
The Crypto Invoice seeks to ban non-public cryptocurrencies and permit solely those required to advertise blockchain know-how with ties to the Reserve Financial institution of India. It’s …
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First Printed: Fri, February 26 2021. 06:10 IST