India has yet to release a discussion paper outlining its cryptocurrency policy stance as officials are focusing on other priorities, according to two people familiar with the matter. The document was initially expected to be released in September following consultations with stakeholders including the central bank and market regulators. Plans for the release are still being implemented, but there is no timetable yet, the people said. The people spoke on condition of anonymity because the delayed release has not been made public.
According to people familiar with the matter, despite the hack of Indian cryptocurrency exchange WazirX, which cost $234 million, the authorities do not see cryptocurrency legislation as a pressing issue as they did two years ago.
India Focuses on Other Priorities, Temporarily Shelves Discussion Paper on Cryptocurrency Position
2024-10-09 13:25:50
Two people informed sources revealed India not yet released overviewdesk3cryptocurrencydesktopCrypto News
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