Cryptocurrency Ban

Govt panel recommends cryptocurrency ban in India, jail term of up to 10 years, heavy fines

The panel was set up in 2017 by Arun Jaitley following reports of money laundering via the currencies

Facebook Libra: Here's how it could impact the Indian regulatory stance on cryptocurrencies

Libra has already caught the attention of international regulators, and one can expect changes to Facebook’s approach based feedback

Draft bill proposes 10-year non-bailable jail term for dealing in cryptocurrency

The government also appears to be working on its own digital currency named 'Digital Rupee'.