- The Indian government is rethinking the discussion of crypto regulation in India.
- The government might form a new committee to discuss the old sanctions on crypto.
According to local news, the Indian government is rethinking the discussion of crypto regulation in India.
The news comes amid the current view by Subhash Garg, former finance secretary’s committee in 2019 for a crypto ban, become old.
The report says the government might form a new committee to discuss the old advice on crypto trading. Also, the authority will think of starting a new panel of experts to monitor crypto trading in India.
Following this, an official in the matter said,
“There is a view within the government that the recommendations made by the Subhash Garg are dated and a fresh look is needed at use of cryptos rather than a total ban.”
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This article was first published on coinquora.com