The government does not collect data on Bitcoin transactions
At present, the government is planning to create a broad framework around crypto assets which would give them a legal credence in India
Experts hail the move of the government as it will bring more investment and clarity on taxation
While RBI would float its own digital currency in December, the government must complete the legislation on cryptocurrencies fast.
For the Indian investor in the turbulent crypto space, a sovereign digital currency can add an air of stability.
Clear information should be given in the advertisement and people should be warned that there is no law for such investment options right now. The que
Will Cryptocurrency Bill be a ban only on the currency part with no restrtictions on the asset and utility part?
The only question is how do we, as a nation regulate those assets and utility aspects of cryptocurrencies: Shetty
Lot of debate going on the definition of private and public cryptocurrencies in India
Money 9 spoke to CEOs of the top cryptocurrency exchanges to know their views of on the new Cryptocurrency and Regulation of Official Digital Currency