'We Plan To Regulate, Not Ban Cryptocurrencies" Indian Finance Minister
![STEEM POSTS](https://steemitimages.com/640x0/https://i0.wp.com/atozmarkets.com/wp-content/uploads/samson-ononeme/2019/11/Indian-Government-Set-To-Develop-National-Blockchain-Strategy.png?fit=1000,563&ssl=1)
The Indian government has said it is leaning towards regulating cryptocurrencies rather than completely banning them, commenting on a bill submitted to parliament to ban "private" cryptocurrencies.
February 3, 2021 | AtoZ Markets Indian Finance Minister Anurag Singh Thakur said during a speech in the upper house of parliament this week that the new bill aims to curb illegal transactions with cryptocurrencies and ban their use in payments. He said:
![](https://steemitimages.com/640x0/https://dlike.io/images/dlike-logo.jpg)