New Indian Governmental Committee Favors Legalizing Cryptocurrencies, Media Reports

A governmental committee in India has reportedly suggested that cryptocurrencies be legalized in the country, English-language local media TheNewIndianExpress (TNIE) reported on Dec. 26.

According to the article, an unnamed senior official who reportedly attended the panel’s meetings on cryptocurrencies stated:

“There is a general consensus that cryptocurrency cannot be dismissed as completely illegal.

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