In a session of the Standing Committee on the National Assembly’s Finance and Revenue, Finance Secretary Imdadullah Bosal said that Crypto Council is banned in the existing regulations despite recently being created as a crypto council to promote the segment of digital assets.
In March this year, Trump signed an executive order to create a strategic reserve of bitcoin in the US. It has been clarified in this order that the amount of taxpayers will not be used to buy cryptocurrency. It also states that bitcoins deposited in the strategic reserve will not be sold. This means that the US government will exclude a part of the supply of bitcoin from the circulation. According to an estimate, the US government has more than 1,98,000 bitcoins with more than $ 21.2 billion. Most of these bitcoins were seized by the US government in criminal cases. <!–
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Cryptocurrency prices in Indian exchanges
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