Govt plans progressive steps for digital currencies in India: Report

India will engage with experts and other stakeholders on the evolving technology after Prime Minister Narendra Modi holds review meeting, says Bloomberg.

India is planning progressive and forward-looking measures on issues related to cryptocurrencies, a move that could be a departure from its earlier attempts to restrict the use of virtual coins, according to people familiar with the matter. 

Prime Minister Narendra Modi led a review meeting on the digital currency on Saturday, and it was decided that the government will continue to proactively engage with experts and other stakeholders on the evolving technology, the people said, asking not to be identified. 

A spokesperson at the prime minister’s office declined to comment.

There have been calls in India to impose