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Crypto Assets 'Borderless' by Definition, Requires International Collaboration, Risk Evaluation Before Passing Law, Says Govt on Cryptocurrency Bill

The policy related to crypto assets and its ecosystem is with the Finance Ministry and any legislation on it would be effective only through international collaboration after proper risk evaluation, the Parliament was told on Friday. Crypto Assets ‘Borderless’ by Definition, Requires International Collaboration, Risk Evaluation Before Passing Law, Says Govt on Cryptocurrency Bill.
New Delhi Lok Sabha Bhartruhari Mahtab Pankaj Chaudhary Finance Ministry Finance Pankaj Chaudhary

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India finalising consultation paper on cryptocurrencies: Economic Affairs Secretary

There needed to be a global consensus reached on cryptocurrencies and India would look at regulations enforced in other countries before deciding how it would regulate, Economic Affairs Secretary Ajay Seth said. He added that inputs from various stakeholders and institutions, including the World Ban
Nirmala Sitharaman Kunal Jagdale Ajay Seth Economic Affairs World Bank Union Budget

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