India said to take forward-looking steps on cryptoBloombergIndia is planning progressive and forward-looking measures on issues related to cryptocurrencies, a move that could be a departure from its earlier attempts to restrict the use of virtual coins, people familiar with the matter have said. India has had a hot-and-cold relationship with digital currencies in the past few years. The Reserve Bank of India remains a critic, but is now working on a digital currency. It was highlighted that India should seek global partnerships and collective strategies on the issue, they said. India’s parliamentary panel on finance is scheduled to meet industry experts and associations on challenges and opportunities in cryptofinance today.

Source: Taipei Times November 14, 2021 22:01 UTC