Government to introduce Bill on cryptocurrency in winter session of Parliament
The Hindu
So far the bill is not in public domain and no public consultations on the law have been held.
The government will be moving 26 new legislations including “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” in the upcoming winter session of the Parliament that begins from November 29.
As per the , the bill “seeks to prohibit all private cryptocurrencies in India” though it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses. It will create, the agenda says, “a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India.”
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