‘Bitcoin will not be Accepted as Currency, No Data on Cryptocurrency Transactions’: FM

  • Responding to a question in the Lok Sabha, Finance Minister Nirmala Sitharaman Monday said that the government has no proposal to recognize Bitcoin as a currency in the country.
  • She also informed the Lok Sabha that the government does not collect data on Bitcoin transactions.
  • The Bill seeks to ban all but a few private cryptocurrencies to promote underlying technologies while allowing an official digital currency by RBI.


Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download Pluggd.in, the short news app for busy professionals