#DigitalAssetBill INDIA's DIGITAL ASSETS RULES👇

India's Digital Asset and Cryptocurrency Bill – Overview (as of latest updates)

1. Purpose of the Bill: The bill aims to:

Regulate private cryptocurrencies.

Establish a framework for the creation of a Central Bank Digital Currency (CBDC) by the Reserve Bank of India (RBI).

Protect investors and ensure financial stability.

2. Key Features (proposed and discussed):

Ban or regulation of private cryptocurrencies: Earlier drafts aimed to ban all private crypto, but newer versions lean toward regulation rather than a blanket ban.