🇮🇳 Important news from India! The government plans to publish a discussion paper on cryptocurrencies by the end of 2024.

🔹 Economic Affairs Secretary Ajay Seth said that the document will highlight the government's position and attract comments from stakeholders.

🔹 A group of regulators, including the Reserve Bank of India and SEBI, are working on a broader policy for cryptocurrencies.

🔹 The document will take into account the recommendations of the IMF and the FSB, which call not to ban digital currencies.

CoinDCX co-founder Sumit Gupta supported the initiative and called for active participation of local businesses in the discussion.

What do you think about this move? Share your opinion in the comments! 💬