India's Government Forms Committee To Regulate Cryptocurrencies

The authorities has set up a 15-member committee tasked with developing a complete prison framework that governs the usage of cryptocurrencies.

The committee can be headed via way of means of Justice Secretary Menardo Guevarra, who additionally heads the Philippine Amusement and Gaming Corp (Pagcor), in keeping with an legit order issued via way of means of President Rodrigo Duterte on Friday.

The panel consists of representatives from Pagcor, the Bangko Sentral ng Pilipinas (BSP), the Securities and Exchange Commission (SEC), Department of Trade and Industry (DTI), Department of Finance (DOF) and Department of Science and Technology (DOST).

The advent of this committee is in guide of our efforts to sell innovation, era and entrepreneurship, Duterte stated in his message.