Government panel recommends banning use of cryptocurrencies in India

New Delhi, News Nation Bureau | Updated : 22 July 2019, 05:52 PM
Government panel recommends banning use of cryptocurrencies
Government panel recommends banning use of cryptocurrencies

An inter-ministerial panel of the government has recommended banning of the use of cryptocurrencies in India, and suggested for imposing fines and penalties for carrying any activities connected with the ocurrencies in the country. The committee headed by finance secretary Subhash Chandra Garg has proposed a draft bill “Banning of Cryptocurrency & Regulation of Official Digital Currency Bill, 2019", which has been placed in the public domain.

This is a breaking news story. More details will be added soon. Please refresh the page for the updated version.

First Published: Monday, July 22, 2019 05:13 PM
Post Comment (+)