“Our consultation paper is fairly ready. We have gone through a deep dive into this, consulted not just domestic stakeholders, institutional stakeholders but also organisations like IMF, World Bank, we have consulted them. So we hope that we will soon be in a position to finalise our consultation paper,” Seth said on the sidelines of the curtain raiser event of ‘Iconic Week’ as part of Azadi Ka Amrit Mahotsav to be conducted by the Finance Ministry.
“Simultaneously we are also beginning our work for some sort of global regulations as well about what role can India play…the countries which have chosen to prohibit, they can’t succeed unless there is a global consensus around that…on the other hand, if there is global consensus around regulations then it will be a broad framework of participation of all countries…the digital assets, whatever way we want to deal with those assets, there has to be a broad framework on it for which all economies/countries have to be together. No country...
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