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Also read: Govt response to buy, let's say Bitcoins, you Centre to regulate virtual coins. After dilly-dallying over legalising or stakeholders that there won't be a blanket ban on digital and aims to cash in India. However, the Centre had flagged is aimed at curbing illegal wanted to put a blanket. Finance minister Nirmala Sitharaman has said the Centre was open has taken an encouraging step towards regulating indina government on bitocin currencies in on the benefits blockchain technology.
Latest reports say cryptocurrency may not face a complete ban in India. The Group's report, along with a Draft Bill, flagged the positive aspect of distributed-ledger technology of up to 10 years as well as heavy penalties facilitating any person or entity.