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/ -- Analysis of the Steering Committee Report The Steering Committee Report by the Ministry of Finance was released on 2nd Sept 2019, and to one's surprise interprets Cryptocurrencies and Blockchain Technology in much better light than its predecessor draft bill, released to the public domain on 22nd July 2019, which aimed at cryptocurrency ban. Upon going through the reports, the conclusions were contradictory and unplanned as described below. The top executives from the Ministry of Electronics & Information Technology (MEITY) and officers from RBI, were the panel members for both, draft bill and steering committee report. It may be noted that the report was made mainly by the students of the National Institute of Public Finance and Policy (NIPFP). The few points which CREBACO observed on the steering committee report are mentioned below: Initially, the report talks about a broader fintech landscape, which mentions technologies such as mobile payments, investment advisory, ...

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