EXCLUSIVE | What transpired in the parliamentary panel meeting on cryptocurrencies?

India Today has accessed exclusive details of the presentations made by Blockchain and Crypto Assets Council (BACC), the CII and ASSOCHAM before the members of a parliamentary committee.

Three back to back events have put a question mark over the possibility of cryptocurrencies emerging from the shadows sometime in the near future despite a strong pitch by the stakeholders through advertisements, claims of rising public participation and breaking of ice of sorts in the form of a first high-level meet of crypto operators with a parliamentary panel.

First, RBI Governor Shaktikanta Das made it clear there was no change in the central bank's position that the issue needs deeper discussion and the number of crypto accounts in India was being exaggerated.