Experts disagree on the definition of “private cryptocurrency” as the Lok Sabha considers the measure.

Following news of the government presenting the Cryptocurrency Bill, which wants to restrict all "private cryptos" in India, with specific exceptions to encourage the underlying technology, the cryptocurrency market plunged. In the forthcoming winter session, which begins on November 29, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, is expected to be tabled in Parliament.