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Crypto may be allowed as asset, not as currency
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Active solicitation by companies including exchanges and platforms would be barred, people with knowledge of the matter told ET. The government is finalising legislation that will pave the way for regulation of crypto asset trading while barring the use of virtual currencies for payments and transactions.
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Indians' investments in crypto grew from about $200 million to nearly $40 billion in the past year
View Details »«Active solicitation would not be permitted… Details
Read more on economictimes.indiatimes.comAbout this in other media
Centre may bring cryptocurrency exchanges under ambit of Sebi: Report moneycontrol.com /2 years ago
New Crypto Bill: Private Cryptocurrency To Be Regulated, Not Banned; Crypto Not Legal Currency In India: 5 Points ndtv.com /2 years ago
Banning all crypto unwise move: ORF report economictimes.indiatimes.com /2 years ago
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