Indian Finance Minister: Crypto Ban, Regulation Effective Only With Significant International Collaboration

Indian Finance Minister: Crypto Ban or Regulation Only Effective With Significant International CollaborationIndia’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 […]

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India Rejects Venezuelan Crypto Despite 30% Discount

India Rejects Venezuelan Crypto Despite 30% DiscountThe government of India has formally rejected Venezuela’s state-backed cryptocurrency, the petro, despite an attempt to entice India with a 30% discount. Dependent on the Latin American country’s oil, a steady, uninterrupted supply is key to growing one of the world’s most populous nations. Venezuela is in the midst of dramatically bad economic fortune compounded […]

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