India, Feb. 3 -- The Centre is re-examining its position on cryptocurrencies amid a global policy shift spurred by the US.

Multiple jurisdictions have changed their stance towards digital assets in terms of usage, their acceptance and importance, economic affairs secretary Ajay Seth told Reuters.

With the global view on crypto shifting, the Centre is taking a second look at the discussion paper on cryptocurrencies which was due for release in September 2024, the secretary said.

Seth underlined that virtual assets "don't believe in borders", and therefore, India's stance on crypto cannot be unilateral.

This stands in stark contrast to remarks made by former RBI governor Shaktikanta Das. In January 2024, the former central bank governor...