According to data from Coindesk, the price of bitcoin, which was trading at $ 32,791 (about Rs 24.4 lakh) on Thursday, stood at $ 31,382 (about Rs 23.4 lakh) at the time of writing the news. A similar decline has been seen in other coins as well. Talk about the coin ether connected to the Ethereum blockchain. So its price (Ether price in India) was trading at $ 1,868 (about Rs 1.39 lakh). Talking about Dogecoin, on Friday, the price of this meme coin (Dogecoin price in India) was $0.18 (about Rs 13.5).
Apart from this, let us tell you that the monsoon session is going to start in Parliament on July 19 and in this session a new bill regarding Indian cryptocurrency can be passed. During this, the government can introduce the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the Parliament. Union Finance Minister Nirmala Sitharaman said earlier this week that a lot of work has been done on this bill and its cabinet note is ready. He further stated that the stakeholders have also been considered and their views have been taken on this bill.
The Reserve Bank of India has already appeared serious about cryptocurrencies. On May 31, 2021, RBI said that banks would be allowed to facilitate cryptocurrency trading, ignoring the central bank’s circular of 2018.<!–
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