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Author Topic: Response from the Ministry of Finance regarding Crypto Currency related enquiry  (Read 70 times)
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January 12, 2019, 04:48:52 PM
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January 14, 2019, 11:00:25 PM
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Thank you very much for coming up with this document. Can you please share the link from where you have gathered the document? I just want to be fully assured about the authenticity of this document.

It's encouraging to read that governemnt has formed an inter ministerial committee and discussing about "regulating" cryptos in India. It's great that I didn't see the word "ban" in the entire document. I hope we will hear something concrete about cryptos after the Loksabha election. Any drastic step is not expected at this moment.

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newIndia
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January 15, 2019, 12:38:47 PM
 #3

Thank you very much for coming up with this document. Can you please share the link from where you have gathered the document? I just want to be fully assured about the authenticity of this document.

It's encouraging to read that governemnt has formed an inter ministerial committee and discussing about "regulating" cryptos in India. It's great that I didn't see the word "ban" in the entire document. I hope we will hear something concrete about cryptos after the Loksabha election. Any drastic step is not expected at this moment.

https://loksabha.nic.in/Questions/QResult15.aspx?qref=76359&lsno=16
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January 20, 2019, 09:09:15 PM
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So RBI still don't change their stance against the crypto currencies and they have adviced the other entity not to allow any transactions related to crypto currencies.Hope it might change and the local exchanges will allow depositing and withdrawal of INR.
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