BANNING CRYPTO CURRENCIES IS NOT THE SOLUTION, A REGULATORY FRAMEWORK MUST BE DEVELOPED: NASSCOM
“NASSCOM believes that the recent proposal of the Inter-ministerial Committee of the Government to ban all cryptocurrencies barring those that are backed by the Government, is not the most constructive measure. Instead, the government should work towards developing a risk-based framework to regulate and monitor cryptocurrencies and tokens. A ban would inhibit new applications and …
