Sansad Watch Ep 16: Should cryptocurrency be regulated at all?

Celebrities are lining up to advertise cryptocurrency exchanges﹘asking people to throw money as if they're selling bhaji pav﹘and even news channels are getting in on the crypto madness. But unlike bhaji pav, these virtual currencies in India are stuck in a legal grey area and there may be massive changes to how they are regulated.

In this episode, we explore what the government is doing to regulate the currency, and if it should be regulated at all.

Watch.

References

Draft Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, 2019

Finance ministry panel report proposing actions over the issue of virtual currencies