Foreign media: India publishes draft regulations prohibiting and officially regulating cryptocurrencies

An Indian government official revealed that a draft regulation prohibiting and officially regulating cryptocurrencies has been distributed to relevant government agencies in India. The Indian government has begun discussions on the draft. A committee composed of several government departments, including the Ministry of Economic Affairs (DEA), the Central Direct Taxation (CBDT), the Central Indirect Tax and Customs Service (CBIC), and the Investor Education Protection Foundation (IEPFA), believes that the issuance should be completely banned. , sell, buy all kinds of cryptocurrencies. Based on feedback, the final rule will be submitted to the next government.