Govt's draft bill proposes to prohibit certain aspects of crypto asset usage: Report
India Today
The central government's draft cryptocurrency regulation bill is likely to pave way for a "facilitative framework for distributed ledger technology", but it aims to prohibit certain aspects of crypto asset usage such as "currency substitutes or as payment systems or for remittances".
The central government's draft cryptocurrency regulation bill is likely to pave way for a "facilitative framework for distributed ledger technology", but it aims to prohibit certain aspects of crypto asset usage such as "currency substitutes or as payment systems or for remittances".
Official sources have confirmed the details of the government's draft cryptocurrency bill to Business Today. The crypto bill is likely to be presented to the cabinet for approval next week, following which it will be introduced in Parliament.
