India to Take Progressive Steps on Crypto, Eyes Prohibiting Crypto Ads

India to Take Progressive Steps on Crypto, Eyes Prohibiting Crypto Ads
Representations of virtual cryptocurrencies are seen in this picture illustration taken on June 14, 2021. Edgar Su/Illustration/Reuters
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On Saturday, Indian Prime Minister Narendra Modi chaired a meeting on the status of cryptocurrency in India.

The discussion was held between the Reserve Bank of India (RBI), the finance ministry, and the home ministry.