Lot of unhealthy speculation on crypto taking place, says FM
The Hindu
The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, has been included in the Lok Sabha Bulletin-Part II for the introduction in the ongoing Winter Session.
Asserting that a lot of speculation is taking place on cryptocurrencies, Finance Minister Nirmala Sitharaman on Saturday said these speculations are not "healthy at all." Her comments come against the backdrop of the government preparing to come out with legislation to regulate cryptocurrencies.
Speaking at the HT Leadership Summit, the Finance Minister said there is certainly a well consulted bill which is coming in Parliament after the Cabinet nod.
"There is a lot of speculation...that's not healthy at all," she said in a reply to a question if she thinks that a lot of unregulated speculation is taking place on crypto.
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