CRYPTOCURRENCY COMMITTEE TO SUBMIT ITS REPORT IN FEW DAYS 🤔😨😨

in mgsc •  7 years ago  (edited)

bitcoin image with indian flag.JPG

For those who are wondering what is the sitting committee doing about Bitcoin and cryptocurrencies in India, we might have the answer soon enough. The committee was setup by the Finance ministry of India in early 2018 to review and recommend the further steps for cryptocurrencies in India.

In an interview with ET Now, Economic Affairs Secretary Subhash Chandra Garg talked about the current position of the committee. Garg is leading the committee.

Subhash Garg, Economic Affairs Secretary, says his commitee has made significant progress on the draft on Bitcoin & Cryptocurrencies, and plans to release it by mid July.

https://twitter.com/i/status/1010899562532179969

Complete interview

Sequence of events

July 3 – Supreme Court will hear the appeal of IAMAI against RBI’s virtual ban on Cryptocurrency

July 5 – The deadline for Banks to close ties with crypto exchanges

By July 15 – Garg Committee to submit its report on Cryptocurrencies

July 20 – Supreme Court will hear the appeal to ban, regulate or allow cryptocurrencies in India

What do you think the government should do? We want to know your opinion, let me know in the comments below

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thanks for the information this was very helpful

Government should not and reality is that Govt, Supreme Court and any thing can't ban it. ty from giving info bro

Thanks for such comment...its really useful...also give us insight on further updates

@learnersglobe, thank you for supporting @steemitboard as a witness.

Here is a small present to show our gratitude
Click on the badge to view your Board of Honor.

Once again, thanks for your support!

Do not miss the last post from @steemitboard!

With great power, comes great responsibility.