Centre To Introduce Bill To Ban Private Cryptocurrencies In India & Create Official Digital Currency

LIVELAW NEWS NETWORK

23 Nov 2021 9:30 PM IST

  • Centre To Introduce Bill To Ban Private Cryptocurrencies In India & Create Official Digital Currency

    The Central Government has proposed to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the upcoming winter session of Parliament. As per the list of business, the Bill seeks to prohibit all private cryptocurrencies in India. However, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses. The Bill also seeks...

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