2/13/2023 0 Comments Final draft 10 take a screenshot![]() The Bill was earlier listed in the last budget session as well but could not be introduced as the government decided to rework it. ![]() The draft bill could undergo some changes after these deliberations at the highest level. “PM will now take a final call on these,” the person said. The finance ministry has finalised a draft note on the proposed bill, but sections within the government felt more detailed discussions were needed on the principles underlying the bill and on the broad details of the treatment of virtual currencies by India, the person said.ĭiscussions are likely to focus on various options and pros and cons of adopting them. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 is listed for consideration and passing in the ongoing winter session of Parliament. ![]() The options include a complete ban on private cryptocurrencies, a partial ban, allowing all categories of crypto products with regulation, or just a select few with regulation, one of the persons said.ĭeliberations are likely to continue on Friday before a decision on the framework is taken, the second person said. ![]() A high-level meeting was held on Thursday to consider all the options as also stakeholder views including the concerns voiced by the Reserve Bank of India. Prime Minister Narendra Modi will take a final decision on the regulatory framework for cryptocurrencies amid conflicting views among stakeholders, two persons familiar with the development said.
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