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PM Narendra Modi chaired the meeting for cryptocurrency & related issues

PM Narendra Modi today chaired a meeting in which there was a discussion over cryptocurrency and its impact on the Indian economy. PM Modi’s meeting on the future of cryptocurrency and associated concerns was also the result of a consultation process, with the RBI, Finance Ministry, and Home Ministry conducting extensive research and consulting experts from around the country and the world: Sources

There was also agreement that the government’s actions in the area of bitcoin and associated challenges would be progressive and forward-looking. The government will continue to interact with professionals and other stakeholders in a proactive manner: Sources within the government

Because the problem transcends national borders, it was thought that global alliances and collective strategies would be required: Sources within the government

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