Govt to introduce a new bill ‘The Cryptocurrency & Regulation of Official Digital Currency’ in the 2021 winter session of Parliament. The Bill aims to make a facilitative framework for the creation of official digital currency that to be issued by RBI & ban all private cryptocurrencies in India
If the bill ‘The Cryptocurrency & Regulation of Official Digital Currency Bill, 2021’ has been passed by the house of parliament. A law will be enacted to ban private players in cryptocurrencies in India, further an official digital currency will be introduced by RBI