Economist Sharad Kohli welcomed the government's decision to introduce the Cryptocurrency Bill in the upcoming winter session of Parliament, stating that this was a much-awaited decision as there is no institution to regulate the movement of the digital currency.

Kohli said, "I think is a much-awaited bill. Over 4,000 digital currencies floating in the economy and more than 10 crore people, especially youngsters between the age group of 21 and 35 have invested their hard-earned without knowing the consequences of it. The total amount of investment in cryptocurrency is stated to be around 60,000 to 70,000 crore. It has no fundamentals, the movement in currency prices is driven by news."