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Tag: indian crypto regulation

Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’

May 31, 2022 wp-bot Bitcoin News

India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking

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RBI warns of crypto ‘dollarization’ of Indian economy

May 17, 2022 wp-bot Cointelegraph

Crypto “will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country,” according to Reserve Bank of India

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Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%

April 7, 2022 wp-bot Bitcoin News

An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage

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Indian Government Consulting With IMF, World Bank on Crypto Policy

April 2, 2022 wp-bot Bitcoin News

India’s government is consulting with the International Monetary Fund (IMF), the World Bank, and Indian regulators in order to form the country’s crypto policy. “We

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Indian Government Consulting With Central Bank RBI on Crypto — ‘There Is Complete Harmony’

February 14, 2022 wp-bot Bitcoin News

The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central

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Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister

February 9, 2022 wp-bot Bitcoin News

India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she

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