Consultation paper on crypto almost ready; to be submitted soon: DEA Secy

A global response is needed to deal with the challenges posed by crypto

AgenciesUpdated: Monday, May 30, 2022, 04:25 PM IST
article-image
On the economy, Economic Affairs Secretary Ajay Seth said despite the challenging environment, India would still be the fastest-growing large economy in the world. / Representational Image |

Economic Affairs Secretary Ajay Seth on Monday said a consultation paper on cryptocurrencies has been finalized and will be submitted soon.

A lot of consultation has been done from both domestic and other participants, Seth said on the sidelines of an event organized by the Finance Ministry.

He also said that a global response is needed to deal with the challenges posed by crypto.

On the economy, Seth said despite the challenging environment, India would still be the fastest-growing large economy in the world.

(With PTI inputs)

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Maharashtra: Shinde camp alleges 'NCP trying to finish off Sena'; to hold virtual press conference...

Maharashtra: Shinde camp alleges 'NCP trying to finish off Sena'; to hold virtual press conference...

Ranji Trophy final: Rajat Patidar scores unbeaten 120, Madhya Pradesh take first-innings lead...

Ranji Trophy final: Rajat Patidar scores unbeaten 120, Madhya Pradesh take first-innings lead...

Assam flood situation witnesses slight improvement; over 33 lakh still affected in 28 districts

Assam flood situation witnesses slight improvement; over 33 lakh still affected in 28 districts

Fact Check: Kid siphons money from motorists' FASTag account; truth behind viral video

Fact Check: Kid siphons money from motorists' FASTag account; truth behind viral video

Thane city to get music school after singing legend Lata Mangeshkar

Thane city to get music school after singing legend Lata Mangeshkar