That is what is being reported, but there is no confirmation still. The news is that the government may wait for greater clarity before taking up the bill. Instead, the bill was likely to be referred to the parliamentary standing committee. They will engage more stakeholders in the process. Government has concerns about the interests of retail investors while the RBI has been wary of the systemic risk that Cryptos could cause.
That is what is being reported, but there is no confirmation still. The news is that the government may wait for greater clarity before taking up the bill. Instead, the bill was likely to be referred to the parliamentary standing committee. They will engage more stakeholders in the process. Government has concerns about the interests of retail investors while the RBI has been wary of the systemic risk that Cryptos could cause.