Indian parliament's agenda includes bill to put ban on private cryptocurrencies

The Indian government will consider a bill that would make a digital rupee starting as early as next week, but may also ban certain cryptocurrencies in the nation.

As per Tuesday publication, India's lower house of parliament, Lok Sabha, will consider The Cryptocurrency and Regulation of Official Digital Currency Bill as one of 26 new bills when the government body convenes for its winter session next Monday. The document says that law lawmakers could vote on legislation that creates "a facilitative framework for the creation of the official digital currency" declared by the country's central bank, the Reserve Bank of India. in addition, the bill proposes the prohibition of "all private cryptocurrencies" with the exception of assets" to promote the underlying technology of cryptocurrency and its uses."

Read full story on http://cryptounity.news/indian-parliaments-agenda-includes-bill-to-put-ban-on-private-cryptocurrencies

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