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Tag: Nirmala Sitharaman

Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate Exchanges

August 16, 2022 wp-bot Bitcoin News

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

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

July 19, 2022 wp-bot Bitcoin News

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

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India Calls on G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework

July 17, 2022 wp-bot Bitcoin News

India’s finance minister has called on the G20 countries to bring crypto within the “Automatic Exchange of Information” framework. More than 100 countries have adopted

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India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister

May 1, 2022 wp-bot Bitcoin News

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

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IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks

April 24, 2022 wp-bot Bitcoin News

International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles

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RBI: Cryptocurrency Is a Big Threat to Macroeconomic and Financial Stability in India

February 10, 2022 wp-bot Bitcoin News

The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a “big threat” to the country’s

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