After more than one year of analysis and deliberation, the report containing the recommended regulatory framework for cryptocurrency in India is now ready to be submitted to the finance minister, according to local media. The new finance secretary, former Secretary of the Department of Economic Affairs (DEA) Subhash Chandra Garg, reportedly confirmed its readiness at an event hosted by the Associated Chambers of Commerce and Industry of India on Thursday.

“On the cryptocurrency regulation, Garg said the report is ready,” PTI reported, further quoting the finance secretary as saying:

We will submit it to the finance minister (soon). Of course, once the approval is done, it will be made public.

Sourced through Scoop.it from: news.bitcoin.com