Cryptocurrency exchanges, experts raise concerns over government’s Budget Crypto Bill plan – Economic Times

cryptocurrency-exchanges,-experts-raise-concerns-over-government’s-budget-crypto-bill-plan-–-economic-times

Synopsis

The government’s current plan includes creating a broad framework around crypto assets that would give them legal credence in India.

Crypto exchanges are lobbying for definition of different types of crypto assets while the government looks to table the cryptocurrency bill in the parliament this budget session, said people with direct knowledge of the matter. The government’s current plan includes creating a broad framework around crypto assets that would give them a legal credence in India. “The department of economic affairs (DEA) and the ministry of electronics and

BY

ET Bureau

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About the Author: Kate