Nirmala Sitharaman Clears Air On Crypto Bill, Says Cryptocurrency Regulation Bill Soon

Terming cryptocurrency as a “risky area,” Finance Minister Nirmala Sitharaman today in Rajya Sabha said that they are yet to take a call on advertisements around cryptocurrency. The statement comes a day after she was quoted as saying in the Lok Sabha that there was no proposal to recognise Bitcoin as a currency in the country.

“This is a risky area and not in a complete regulatory framework. No decision was taken on banning its advertisements. Steps are taken to create awareness through RBI and SEBI. The government will soon introduce a Bill,” Sitharaman said during the Question Hour in Rajya Sabha.

#ParliamentWinterSession #CryptocurrencyRegulationBill2021 #Bitcoin #NirmalaSitharaman #IndiaToday

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