Indian Finance Minister Echoes Central Bank’s Crypto Ban Call but Says Global Collaboration Is Required

The question is among the first crypto-related queries in Parliament after reports that the RBI is responsible for a “shadow ban” on cryptocurrencies after payment processors cut off crypto exchanges. The question read, “whether the Reserve Bank of India (RBI) has issued instructions, circulars, directions, warnings etc. regarding restricting the issuance, buying, selling, holding and circulation of Cryptocurrency in India during the last ten years and if so, the details thereof?”