- The cryptocurrency bill will reportedly take into account the technological developments in the digital asset space which the earlier draft lacked.
- A high-level inter-ministerial committee constituted by the finance ministry has examined the policy and legal frameworks and recommended the introduction of CBDC as a digital form of fiat money in the country.
- India’s cryptocurrency market expanded 641 percent in the past year, driving the growth of digital currencies in central and Southern Asia, according to a report by Chainalaysis.
[Via]
