Q. Which committee has been constituted by the Union Government to examine the existing framework with regard to Virtual Currencies?
Answer: Dinesh Sharma committee
Notes: The Union Government has recently constituted an Inter-Disciplinary Committee to examine the existing framework with regard to Virtual Currencies. The Committee will take stock of the present status of Virtual Currencies both in India and globally. It will also examine the existing global regulatory and legal structures governing these Currencies. The committee will also suggest measures for dealing with such currencies including issues relating to consumer protection and money laundering. The Committee will be chaired by Dinesh Sharma, the Special Secretary of Economic Affairs, and will submit its report within 3 months.
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