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3232India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’
https://www.digit.info/india-highlights-need-for-common-approach-to-regulating-crypto-ecosystem/
Wed, 01 Feb 2023 10:20:07 +0000https://www.digit.info/2023/02/01/india-highlights-need-for-common-approach-to-regulating-crypto-ecosystem/Read more]]>India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instruments and do not strictly pass the test of being a financial asset because it has no intrinsic cashflows attached to them,” the Indian government stated. Finance Ministry’s […]
]]>Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate Exchanges
https://www.digit.info/indian-finance-minister-asks-crypto-investors-to-exercise-caution-as-authorities-investigate-exchanges/
Tue, 16 Aug 2022 03:00:07 +0000https://www.digit.info/2022/08/16/indian-finance-minister-asks-crypto-investors-to-exercise-caution-as-authorities-investigate-exchanges/Read more]]>India’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets of some trading platforms. Indian Finance Minister Cautions About Crypto Indian Finance Minister Nirmala Sitharaman reportedly warned about cryptocurrency Saturday at an event organized by the BJP Economic Cell. She cautioned […]
]]>Indian Finance Minister: Crypto Ban, Regulation Effective Only With Significant International Collaboration
https://www.digit.info/indian-finance-minister-crypto-ban-regulation-effective-only-with-significant-international-collaboration/
Tue, 19 Jul 2022 13:00:01 +0000https://www.digit.info/2022/07/19/indian-finance-minister-crypto-ban-regulation-effective-only-with-significant-international-collaboration/Read more]]>India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international collaboration.” Indian Finance Minister on Crypto Ban and Regulation Indian Finance Minister Nirmala Sitharaman answered some […]
]]>India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister
https://www.digit.info/india-exploring-commercial-uses-for-central-bank-digital-currency-says-finance-minister/
Sun, 01 May 2022 06:30:38 +0000https://www.digit.info/2022/05/01/india-exploring-commercial-uses-for-central-bank-digital-currency-says-finance-minister/Read more]]>The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the digital rupee, which will be backed by the Reserve Bank of India (RBI), to be issued by 2023. India’s Finance Minister on RBI-Backed Digital Currency […]
India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instruments and do not strictly pass the test of being a financial asset because it has no intrinsic cashflows attached to them,” the Indian government stated. Finance Ministry’s […]
India’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets of some trading platforms. Indian Finance Minister Cautions About Crypto Indian Finance Minister Nirmala Sitharaman reportedly warned about cryptocurrency Saturday at an event organized by the BJP Economic Cell. She cautioned […]
India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international collaboration.” Indian Finance Minister on Crypto Ban and Regulation Indian Finance Minister Nirmala Sitharaman answered some […]
The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the digital rupee, which will be backed by the Reserve Bank of India (RBI), to be issued by 2023. India’s Finance Minister on RBI-Backed Digital Currency […]