Cryptocurrency Bill may not be tabled in the current Parliament session

The much-awaited Cryptocurrency Bill might not be introduced in the current Parliament session as it requires further consultations to re-evaluate the contours of the framework, said government sources.

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 (Crypto Bill), which is included in the agenda of the Lower House of Parliament, could be introduced in the monsoon session, it is learnt.  

The Crypto Bill seeks to ban private cryptocurrencies and allow only the ones required to promote blockchain technology with ties to the Reserve Bank of India.

It is learnt that the government has received voices against the cryptocurrency ban. Even the