Government to be mindful of terror financing and domestic security threats while introducing crypto legislation

BJP MP Jayant Sinha, chairman of the Parliamentary Standing Committee on Finance, said the panel will consider a proposed legislation on cryptocurrencies. The BJP MP said the panel will "have to be very watchful about what happens to these crypto assets and cryptocurrencies." "Use of these kinds of crypto instruments in terror financing and for domestic security threats is something we have to be mindful of," he said.