For India, the deployment of final crypto laws could still be at least 18 months away. Pankaj Chaudhary, Minister of State for Finance, this week told the Rajya Sabha that India is currently laying focus on assessing the impacts and risks that crypto could pose on its existing financial systems.
India’s crypto rules could be 12-to-18 months away from being properly unveiled. The information was disclosed by Jayant Sinha during the India Blockchain Week that is being held in Bengaluru. Shah is the Chair of the Standing Committee on Finance in India's Parliament.
The government on Thursday said it had allocated Rs 1,310 crore to the Ministry of External Affairs for India's G20 presidency and summit.
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