RATE Group | Indian Government Updates Parliament on Crypto Plans
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Indian Government Updates Parliament on Crypto Plans

03 Aug Indian Government Updates Parliament on Crypto Plans

Posted at 22:39h in Bitcoin News by

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The Indian parliament has repeatedly asked the finance minister about the government’s plans for cryptocurrency. In July alone, the Ministry of Finance answered three sets of questions: two in Rajya Sabha, the upper house, and one in Lok Sabha, the lower house of the parliament.

Also read: Indian Finance Minister Addresses Crypto Proposal – Industry Responds

Government Aware Crypto Growing More Popular

Indian parliament member Shri R. K. Sinha last week directed some questions at the finance minister at a sitting of the Rajya Sabha regarding the “Law for banning usage of cryptocurrency.” He asked on July 23 “whether [the] government has taken notice of the growing popularity of cryptocurrency.” Replying to this parliamentary question, the Minister of State in the Ministry of Finance, Shri Anurag Singh Thakur, simply said: “Yes, Sir.”

Indian Government Updates Parliament on Crypto Plans
Anurag Singh Thakur

The question about cryptocurrency’s popularity was also asked in Rajya Sabha a week prior….

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