Not shutting all options on cryptocurrency, says Finance Minister Nirmala Sitharaman at India Today Conclave

Speaking at the India Today Conclave South, Finance Minister Nirmala Sitharaman said that India is not shutting off all options when it comes to cryptocurrency or blockchain and fintech.

Union Finance Minister Nirmala Sitharaman has said that India is not shutting off all options when it comes to cryptocurrency or blockchain and fintech. Speaking at the India Today Conclave South, Nirmala Sitharaman said that a Cabinet note is being prepared on the issue which will give full details on the formulation of cryptocurrency in India. "My view on this is that of course the Supreme Court had commented on cryptocurrency and while the RBI may take a call on official cryptocurrency but from our side, we are very clear that we are not shutting off all options," she told India Today News Director Rahul Kanwal.