India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global paradigm on digital assets,” emphasizing that “There has to be a broad framework on which all economies have to be together.”
Economic Affairs Secretary Ajay Seth on Crypto
Indian Economic Affairs Secretary Ajay Seth provided an update Monday on the government’s progress to establish India’s crypto policy.
Speaking about the government’s consultation paper on crypto, he was quoted by CNBC TV18 as saying:
Our consultation paper is fairly ready and we went into a deep dive and have consulted not just the domestic institutional stakeholders but also the World Bank, and the International Monetary Fund.
“So we hope that we will soon be in a position to finalize our consultation paper,” the economic affairs secretary added.
In April, Bitcoin.com News reported that Indian finance ministry...
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