Modi govt says “no plans for boosting cryptocurrency sector in India”

  • Ahead of the much-awaited introduction of the Cryptocurrency regulation bill in India, the Central Government on Monday said in Parliament that it has no plans for boosting the cryptocurrency sector in India.
  • The Government is expected to introduce the Cryptocurrency Bill in Parliament after it gets the Cabinet approval.
  • RBI is also planning to introduce a Central Bank Digital Currency.

[Via]

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