Inter Ministerial Committee Recommends Crypto Ban In India

The inter-ministerial committee (imc) which is headed by Subhash Chandra Garg, Economic Affairs Secretary has submitted its report to the government which has recommended that private cryptocurrencies be banned completely in India. The report stated, “The committee notes with serious concern mushrooming of cryptocurrencies almost invariably issued abroad and numerous people in India investing in these”. But suggested positively on national digital currency.

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