New Delhi, 29/11:If you invest in Bitcoin, the world’s most popular cryptocurrency, then you may get a big shock. In fact, Finance Minister Nirmala Sitharaman, while answering a question in the Lok Sabha during the Winter Session of Parliament on Monday, said that there is no proposal to recognize bitcoin as a currency in India. . Also told that the Indian government does not collect any data of bitcoin transactions.
Government to introduce cryptocurrency related bill in winter session of Parliament
At the same time, in the winter session of Parliament, the government may introduce a bill related to cryptocurrency, which talks about banning private cryptocurrencies and creating a framework to regulate the Reserve Bank of India’s potential digital currency. has been said. According to the bulletin of the Lok Sabha, the Cryptocurrency and Official Digital Currency Regulation Bill 2021 is listed in the list of bills to be introduced in the lower house during the winter session of Parliament.
In this bill to be introduced by the Modi government, it has also been said to create a supporting structure for the potential digital currency of RBI. The proposed bill seeks to ban all types of private cryptocurrencies in India. However, exemptions can also be given in some cases so that technology related to cryptocurrency and its use can be promoted.