India misinterpreted private crypto ban, says crypto bill creator By Cointelegraph

Nov 30, 2021



The creator of India’s crypto invoice, former Finance Secretary Subhash Garg, dismissed the notion of banning “personal cryptocurrencies” as a misinterpretation whereas highlighting the large potential of cryptocurrencies and blockchain know-how.

The Parliamentary discussions round a controversial crypto invoice sparked fears across the ban on cryptocurrencies, with no clear indication concerning the ban’s scope. As Cointelegraph reported, an episode of panic promoting amongst Indian buyers adopted the announcement. In an interview with native information channel Information 18, Garg clarified: