Govt should allow cryptocurrencies, former finance secretary S C Garg
The government should regulate and control cryptocurrencies instead of prohibiting them, former finance secretary S C Garg said on Thursday. Addressing a virtual event organised by industry body Assocham, Garg also said there is undue emphasis on cryptocurrencies and these digital assets will require standard frameworks
"I don't think we still have full clarity and understanding about how to regulate cryptocurrencies...Regulate, control cryptocurrencies but allow the crypto assets, encourage the crypto services," he said. Source: Reuters