NCB: Quality narcotics found in Delhi, Mumbai, B’luru, Goa in raids
K P Krishnan, former secretary, Economic Advisory Council to the Prime Minister, said digitisation of currency will “seriously challenge traditional structures.
Experts opine that Centre should introduce a tax clause in the Bill for cryptocurrency trade and ensure the security of assets in the crypto exchanges.
With a market capitalisation of nearly $300 billion, cryptocurrency, in fact, is touted as the future of digital finance
Focus now on government’s stance on the slated ‘Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019’.
A little over two years ago the government had warned citizens against investing in crypto-currencies terming them as `Ponzi schemes’.
The Gobichettipalayam Police would be filing an FIR after a preliminary inquiry.
The country will not see any form of cryptocurrency trade regularisation, at least in the near future.
An Indian finance ministry official said a committee was looking into the possibility of imposing restrictions on virtual currencies.