CRYPTO BILL WINTER SESSION UPDATE | Crypto Bill Winter Session What questions were asked and answered?

Hello friends, today we are going to talk about the Crypto Bill Winter Session Update (CRYPTO BILL WINTER SESSION UPDATE) of the Lok Sabha, as you all know that the winter session of the Lok Sabha has started, which is going to last for about 1 month, This winter session is going to be very important for many people, especially for users who trade in cryptocurrencies. In this session it is to be seen whether the cryptocurrency bill will be discussed or not. For the past few years, there has been a lot of news and confusion related to the cryptocurrency bill in India. In the Lok Sabha session that started today, some questions related to cryptocurrency were answered, which we are going to talk about today.


The first question asked is whether the government is aware about the transaction of cryptocurrency i.e. bitcoin, the transaction of cryptocurrency has increased very fast in the last few years. If so, then the government should share its information. After that the second question was asked that the government is going to come up with some such proposal, in which cryptocurrency will be recognized as a currency?

Crypto Bill Winter Session What questions were asked and answered?

In response to which the government said that the government is aware of the transaction of bitcoin, but neither the government has any information about how many transactions are being done in bitcoin nor does the government have any data. The second question was asked whether the Government of India is going to come up with a proposal regarding cryptocurrency, the government has made it clear that it will not recognize cryptocurrency as a currency.

Let us tell you that many big scholars believe that diesel currency should not be recognized as a currency in India, if this happens then India’s payment system may have to suffer a lot. Apart from this, many questions have to be asked in the coming days, one of which is whether trading in cryptocurrency is illegal in India or is it legal? Got permission from the government? These questions can also be answered in the coming Lok Sabha session. Like last year, will this time also be talked about or will some steps be taken? What is your opinion on this news? Do let us know by commenting.

Updated: March 23, 2022 — 23:35

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