 "cryptocurrencies")
The Reserve Bank of India’s (RBI’s) central board may take up matters concerning the issuance and regulation of cryptocurrencies at its meeting in Lucknow on December 17. The development comes close on the heels of the Ministry of Finance informing the Lok Sabha (LS) on Monday that a Bill on cryptocurrencies is being readied.
“A Bill on cryptocurrency and regulation of the official digital currency is under finalisation for consideration of the Cabinet,” Minister of State (MoS) for Finance Pankaj Chaudhary had said in written reply.
While it couldn’t be ascertained if the subject of cryptocurrencies has been listed as an item
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