India Considers Banning Private Cryptocurrencies and Introducing Sovereign Digital Currency

India may soon ban all the private cryptocurrencies and launch its own sovereign digital currency as the government is preparing to table a bill for the same in the Parliament's Budget Session. As per updates, the new legislation would also seek to create a new official digital currency, issued by the Reserve Bank of India (RBI).<br />#DigitalCurrency #RBI #BudgetSession