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Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India

Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed. Garg Proposes Indian Government Regulates Crypto as Commodity Subhash Chandra Garg, former Economic Affairs Secretary and Finance Secretary of India, talked about the prospect of regulating cryptocurrency in the country during a webinar entitled “Cryptocurrency in India: What the future holds.” It was organized by law firm Khaitan & Co. in association with Blockon and Crebaco Global. Garg was…

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