A government panel in India is working on a draft bill and report to bring clarity to cryptocurrencies and draw up a framework for their use. The Indian government, which has been trying to regulate the industry since 2014, wants to make it easier for people to buy digital currencies such as bitcoin or ethereum by making them legal tender.
A government panel in India is working on a draft bill and report to bring clarity to cryptocurrencies and draw up a framework for their use. It is expected the documents will be submitted to an inter-ministerial committee for discussion in December, with further meetings scheduled into January.