India has no strategies to recognise Bitcoin...
India has no strategies to recognise Bitcoin...
Finance minister Nirmala Sitharaman gave her reaction on crypto during a conversation at Stanford University. She expressed concern over the potential misuse of crypto and said that india will soon take a thoughtful decision on the regulation around virtual currency. There will be no haste regarding the regulation of cryptocurrency. At the same time, she also said that we have to take a right decision through the information gathered.
Government will promote blockchainFinance minister Nirmala Sitharaman said that the government is ready to promote innovation and well-developed advances in distributed ledger technologies coming to Blockchain. However, our intention is not to hurt any kind of innovation related to Cryptocurrency.
Crypto can be used for money launderingNirmala Sitharaman said that crypto can also be used for money laundering or terror financing. These are some of the problems that have been talked about from the global level to the various levels.RBI may bring its own cryptocurrencyNirmala Sitharaman had announced in her budget speech on 1 february that RBI will issue wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital Rupee or Central bank wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital currency in the coming financial year. During this, she had also announced that 30 percent tax would be levied on gains from any other private wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital asset from april 1.
RBI Governor's statementT Rabi Shankar, Deputy Governor, Reserve bank of india, while speaking about the CBDC said that the launch of India's first wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital currency requires a nuanced and calibrated approach. Its impact will be different on both the economy and monetary policy.
Finance minister Nirmala Sitharaman gave her reaction on crypto during a conversation at Stanford University. She expressed concern over the potential misuse of crypto and said that india will soon take a thoughtful decision on the regulation around virtual currency. There will be no haste regarding the regulation of cryptocurrency. At the same time, she also said that we have to take a right decision through the information gathered.
Government will promote blockchainFinance minister Nirmala Sitharaman said that the government is ready to promote innovation and well-developed advances in distributed ledger technologies coming to Blockchain. However, our intention is not to hurt any kind of innovation related to Cryptocurrency.
Crypto can be used for money launderingNirmala Sitharaman said that crypto can also be used for money laundering or terror financing. These are some of the problems that have been talked about from the global level to the various levels.RBI may bring its own cryptocurrencyNirmala Sitharaman had announced in her budget speech on 1 february that RBI will issue wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital Rupee or Central bank wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital currency in the coming financial year. During this, she had also announced that 30 percent tax would be levied on gains from any other private wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital asset from april 1.
RBI Governor's statementT Rabi Shankar, Deputy Governor, Reserve bank of india, while speaking about the CBDC said that the launch of India's first wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital currency requires a nuanced and calibrated approach. Its impact will be different on both the economy and monetary policy.