Centre to introduce Cryptocurrency Bill in Parliament, aims to create official digital currency

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, will be introduced in the upcoming Winter Session of Parliament.

The central government has proposed to present a Bill on cryptocurrency in the upcoming Winter Session of Parliament to facilitate creation of the official digital currency to be issued by the Reserve Bank of India (RBI).

The Bill, titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021”, will be up for introduction and passing in Parliament.