"So, our intention is in no way to hurt this (innovation around crypto)... but (we need to) define for ourselves...," she said.
The Parliamentary Committee on Home Affairs has voiced concerns over the increasing use of digital currencies and darknet for drug trafficking.
Lesson from farm laws: Government going slow on crypto-currency, other major bills in winter session
The government had unveiled plans to seek parliamentary nod for a total of 29 bills, including three that had been previously introduced in the lower house.
The cryptocurrency bill seeks to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India (RBI), the Bulletin said.
These also include a bill to repeal the three farm laws, a proposal for which is to be discussed by the Union Cabinet on Wednesday.
At the same time, the Reserve Bank of India is looking at issuing its own official digital currency.