Committee on bitcoin and other crpto-currencies to finalise report soon

SC hearing also scheduled, even as RBI window for ending all deals with crypto-currency exchanges closes next week

The Union government committee, headed by the secretary of the department of economic affairs (DEA), would be soon finalising its report regarding policy on bitcoin and other crpto-currencies. It is expected in the first half of the coming month.

The three-month window, by Reserve Bank of India (RBI) direction, for banks to stop dealing with all crypto-currency trading platforms is ending next week.

The DEA has prepared a set of suggestions on permissible use of crypto-currencies. Trading of such digital assets will be possible and platforms offering this