Union FM Nirmala Sitharaman

Photo: Business Line

Centre Plans To Prohibit Cryptocurrency As Legal Transaction In India

Union Finance Minister Nirmala Sitharaman, on November 29, said that Central Government will not accept cryptocurrency as a legal tender. She clarified that the government does not collect data on bitcoin transactions in India. Moreover, the Centre will introduce Cryptocurrency Regulation of Official Digital Currency Bill, 2021 in the Winter Parliament Session, prohibiting all cryptocurrency holders in India with certain exceptions.… read-more

Mon, 29 Nov 2021 - 04:16 PM / by Varsha Joshi

Tags: Cryptocurrency, Bitcoin, Indian Govt, FM Nirmala Sitharaman, crypto bill

Courtesy: News 18