India Will Have A Measured Approach to Crypto Regulations Says Finance Minister

Amid all the pessimism surrounding crypto regulations in India, Finance Nirmala Sitharaman has finally cleared some air. During her recent interaction at Stanford University, Sitharaman said that India will have a measured approach to the regulation of…

Just-In: Indian FinMin Bashes Crypto Over Money Laundering, Terrorism Risks

Indian Finance Minister Nirmala Sitharaman reiterated her strict approach to crypto at an International Monetary Fund (IMF) meet in Washington D.C. on Monday. The finance minister bashed crypto for its money laundering risks and potential use in financ…

Expect Indian Digital Currency (CBDC) This Year- Indian FM

Two major highlights from the FM Sitharaman’s Budget speech were (1) RBI soon to launch CBDC, (2) 30% implied tax on cryptocurrency earning. Speaking at the India Global Forum’s annual summit, the Finance Minister cleared the air from these two t…

India’s Finance Minister Praises CBDC, RBI to Accelerate the Development

India seems to be getting closer to realizing its plans of having a central bank digital currency aka the “Digital Rupee”. Coming in its support on Tuesday, March 8, India’s Union Finance Minister Nirmala Sitharaman said that there ar…

India’s Finance Minister Explains Why Cryptocurrencies Must Be Taxed

The government of India remains set on taxing cryptocurrencies. Finance minister, Nirmala Sitharaman, has said that crypto taxes will come into effect as planned. This is despite India not having decided on if crypto will be banned or not, although the country made it clear that cryptocurrencies will never be made a legal tender. Taxing

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