Bill on cryptocurrency after Cabinet nod, says FM Nirmala Sitharaman

The government had also listed a similar Bill for the last Parliament session (monsoon) but it was not taken up.

The government will soon bring in a new Bill on cryptocurrency after it is approved by the Union Cabinet, said Finance Minister Nirmala Sitharaman on Tuesday in the Rajya Sabha.

A Bill on Cryptocurrency and Regulation of Official Digital Currency for introduction in the Lok Sabha has been included in the Lok Sabha Bulletin-Part II, as part of the government business expected to be taken up during the ongoing winter session.

The Bill seeks to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India (RBI) for the ongoing winter session