Web20 May 2024 · The committee may also be asked to study ways to operationalise the Reserve Bank of India’s proposed digital rupee. “There is a view within the government that the recommendations made by the Subhash Garg committee are dated and a fresh look is needed at use of cryptos rather than a total ban,” said an official in the know of the matter. Web31 Oct 2024 · New Delhi: Subhash Chandra Garg, the former finance secretary who opted for voluntary retirement from service after being shunted to the power ministry, says he was …
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Web23 Jul 2024 · The Inter-Ministerial Committee on Virtual Currency constituted under the Chairmanship of Subhash Chandra Garg has submitted its report along with Draft Bill … Web16 Nov 2024 · We have so much regulation on foreign currency exchanges and here we have no regulation on crypto exchanges, which is a huge policy concern,” Garg told IANS. Garg headed the inter-ministerial committee (IMC) that drafted the cryptocurrency bill entitled “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, 2024”. chapter 21 blood on the river summary
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Web23 Sep 2024 · A n inter-ministerial committee (IMC) chaired by Subhash Garg (former secretary of department of economic affairs), which examined issues related to virtual currencies recently, recommended a complete ban on cryptocurrency. Web19 Aug 2024 · Add to that the fact that cryptocurrencies—courtesy its anonymity—is still viewed upon by large sections of the mainstream as a fringe element; the Subhash Garg committee constituted by the Indian government to study cryptocurrencies recommended that they be completely banned given their propensity to be used for “terror-funding and … Web19 May 2024 · Former finance secretary Subhash Garg had lead a committee in 2024 and called for a blanket ban on cryptocurrency. Additionally, he had said that blockchain-driven currencies will cease to... harmy and fox