What is cryptocurrency Bill 2021?
Could you please elaborate on the cryptocurrency Bill 2021? This legislation has been gaining significant attention in recent times, yet its specifics remain somewhat unclear to many. Is it a framework to regulate digital currencies, or does it aim to prohibit their use altogether? Are there specific provisions for taxation, anti-money laundering measures, or consumer protection? Additionally, how does it compare to existing laws in other countries, and what implications does it have for the future of cryptocurrencies in this region? Your insights would be invaluable in clarifying this complex yet crucial topic.