India: Government to Consider Allowing Crypto Tokens, But Not Cryptocurrencies
Cointelegraph
Published Aug 10, 2018 10:15AM ET
India: Government to Consider Allowing Crypto Tokens, But Not Cryptocurrencies
The Indian government is considering whether to allow crypto tokens to be used in the country, despite its hardline stance on cryptocurrencies, local news outlet DNA India reports August 10.
A committee set up by the finance ministry, under the chairmanship of the Department of Economic Affairs (DEA) secretary, is reportedly working on a set of regulations and roadmap to allow certain crypto assets to be used in India. Once the draft proposals are finalized, the legislation will be tabled before the Parliament, according to DNA’s source.
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Written By: Cointelegraph
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