India: Parliament’s agenda includes bill pretending regime has the power to ban “private cryptocurrencies”

Source: CoinTelegraph

“The Cryptocurrency and Regulation of Official Digital Currency Bill is one of 26 new pieces of legislation for India’s lower house of parliament to consider when it convenes next Monday. The Indian government will be considering a bill that would create a digital rupee starting as early as next week, but may also ban certain cryptocurrencies in the country. … In March 2020, India’s supreme court overturned a blanket ban on crypto imposed by the central bank two years ago.” (11/23/21)