India mulls new law to ban cryptocurrencies, create official digital currency Reuters |

Published: Feb. 3, 2021, 1:23 p.m.

b'The law will "create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India (RBI)," said the agenda, published on the lower house website on Friday.\\nThe legislation, listed for debate in the current parliamentary session, seeks "to prohibit all private cryptocurrencies in India, however, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses," the agenda said.'