India’s crypto bill is finally ready: finance minister

ndia’s much-anticipated new law on cryptocurrency regulations will be included into the agenda of the monsoon parliament session.

According to the interview India’s Finance Minister, Nirmala Sitharaman, gave to a local media outlet The Hindu, India’s cryptocurrency bill is finally ready after two years of hard work.

She stressed that the positions of key market players were considered while preparing this bill. According to her, new elements of regulatory framework will highly likely be approved soon:

From our side, I think one or two indications that I have given is that at least for fintech, experiment and pilot projects a window will be available. The Cabinet will have to make a decision.

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