India's Government to Consider New Digital Currency RulesA committee of government and central bank officials in India is set to propose new regulations related to digital currencies.
The Indian government's press service announced today the creation of an interdisciplinary committee drawn from both the Reserve Bank of India as well as the Ministry of Revenue, Department of Financial Services and the Department of Economic Affairs, among others.
Also included are representatives from NITI Aayog, a government-backed think tank, and the State Bank of India, the country’s largest bank.
According to the release, the committee will prepare a report, recommending policies related to money laundering and consumer protection, among other areas.
The report is expected to be delivered within the next three months.
Source:
http://www.coindesk.com/indias-government-consider-new-digital-currency-rules/