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Government likely to take ‘middle path’ on crypto bill: Report
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The government is likely to take a “middle path” on cryptocurrencies as it finalises a digital assets bill that may be tabled in the upcoming winter session of Parliament, The Economic Times has reported about the keenly watched piece of legislation as cryptocurrency gains popularity among young Indians.
“A balance has to be found,” the report cites a person as saying, adding that a final call on the details of the proposed law would be taken shortly. “A middle path that balances the concerns of all stakeholders is more likely.”
The person added that the bill would take into account the technological developments in the digital asset space, which the earlier draft lacked.
A high-level inter-ministerial committee constituted by the finance
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