
Regulation News
India: Has IMC Prepared Another ‘Draft Bill’ for Regulating Cryptocurrency?
Indian Government formed the IMC (Inter-Ministerial Committee) to assess and inform the lawmakers about cryptocurrencies. Recently, the IMC released its report which also includes a draft bill to enact a complete ban on cryptocurrencies in India. Nevertheless, the minutes from the meeting of the IMC reveals that a ban wasn’t the initial or the only
Indian Government formed the IMC (Inter-Ministerial Committee) to assess and inform the lawmakers about cryptocurrencies. Recently, the IMC released its report which also includes a draft bill to enact a complete ban on cryptocurrencies in India. Nevertheless, the minutes from the meeting of the IMC reveals that a ban wasn’t the initial or the only