There’s no plan to recognise bitcoin as currency: Govt

The Centre has not received a proposal to recognise bitcoin as a currency in India, the government told Parliament on Monday, while adding that the Reserve Bank of India has recommended widening the definition of “bank note” for the launch of a Central Bank Digital Currency (CBDC). Responding to a question on whether the government has any proposal to recognise bitcoin as a currency, finance minister Nirmala Sitharaman replied in the negative in Lok Sabha.

from Times of India https://timesofindia.indiatimes.com/business/india-business/theres-no-plan-to-recognise-bitcoin-as-currency-govt/articleshow/87992805.cms