India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing cryptocurrency legislation. He expects crypto regulation to be discussed at the upcoming G20 meeting for finance ministers and central bank governors.India’s economic affairs secretary, Ajay Seth, reportedly shared the progress of cryptocurrency legislation in India in an interview with PTI, published Friday.
The economic affairs secretary further revealed what the Indian government is currently doing in terms of finalizing cryptocurrency legislation. Stakeholders which have the mandate on monetary policy, fiscal policy, financial stability, and development economics are in touch.The Indian government has previously said that the country’s crypto legislation will take a balanced approach. Finance Secretary T. V. Somanathanlast week the government’s approach is to consult widely and also to look at what’s happening internationally in terms of crypto regulation.
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They will adopt it for sure.
I wonder what will India decide.
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