Govt to move bill to ban all ‘private cryptocurrencies’
- Legislation aims to create a framework for creation of central bank digital currency
- Research company Chainalysis says India ranks second in crypto adoption
NEW DELHI : Days after Reserve Bank of India governor Shaktikanta Das warned that crypto-currencies pose a serious concern to macroeconomic and financial stability, the government’s legislative agenda for the upcoming winter session of Parliament showed it plans to ban “private cryptocurrencies".
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