This is the first meeting of the Parliamentary panel on the subject, which has sparked a lot of curiosity as well as worries from various sectors about investment possibilities and risks.
The meeting comes only days after Prime Minister Narendra Modi presided over a high-level review discussion on cryptocurrency's future.
This is the first meeting of the Parliamentary panel on the subject, which has sparked a lot of curiosity as well as worries from various sectors about investment possibilities and risks.
Members of Parliament (MPs) highlighted worries about the security of investors' funds during the meeting.
New Delhi: A discussion with industry organisations and specialists on cryptocurrency was convened today by the Parliamentary Standing Committee on Finance, led by BJP MP and former federal minister Jayant Sinha. According to news agency ANI, which cited anonymous sources, there was consensus during the discussion that digital currency cannot be banned but must be regulated.
Members of the Parliamentary panel are also claimed to have expressed a desire for government officials to appear before the panel and answer their concerns.
The meeting comes only days after Prime Minister Narendra Modi presided over a high-level review discussion on cryptocurrency's future
This is the first meeting of the Parliamentary panel on the subject, which has sparked a lot of curiosity as well as worries from various sectors about investment possibilities and risks.