No immediate plans for crypto regulations in India, says Minister of State

2024-8-6 15:15

India is not looking to regulate the cryptocurrency sector anytime soon according to Minister of State for Finance Pankaj Chaudhary. Chaudhary’s comments came in response to questions directed to him by GM Harish Balayogi, a member of parliament. Balayogi’s questions… origin »

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Источник: btcmanager.com

minister questions → Результатов: 14

Email Reveals FTX’s Bankman-Fried And Bahamian Prime Minister’s NFT Discussion

An email reveals the connection between FTX founder Sam Bankman-Fried and Bahamian officials, raising questions about crypto regulations in the Bahamas. The post Email Reveals FTX’s Bankman-Fried And Bahamian Prime Minister’s NFT Discussion appeared first on NFT News Today.

2023-10-18 03:42	Web3
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Indian Finance Minister Echoes Central Bank's Crypto Ban Call but Says Global Collaboration Is Required

Fiinance minister After questions from a member of parliament about cryptocurrencies legislation, has said that India's central bank has proposed legislation prohibiting cryptocurrencies but that any legislation requires global collaboration.

2022-7-18 12:21	policy
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Indian Prime Minister says crypto can ‘spoil the youth,’ calls for protection

Prime Minister Narendra Modi, on Thursday, addressed the rising questions surrounding crypto and urged nations to work together in sync to support crypto trading and ensure that it does not fall into the hands of “wrong people.

2021-11-18 13:26	Regulation
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Indian Finance Minister Answers Questions on Cryptocurrency Plans and Ban Proposal

India’s Finance Minister Nirmala Sitharaman has answered some questions regarding cryptocurrency in Rajya Sabha, the upper house of India’s parliament. The questions include measures the government plans to impose on the crypto industry.

2021-2-10 15:05
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Former Canadian Prime Minister Mentions Bitcoin Alongside Gold as Alternative Reserve Currencies

Former Canadian prime minister Stephen Harper has mentioned bitcoin alongside gold as assets that can possibly act as alternative reserve currencies. However, the former premier still argues that despite the growing questions about the dollar’s reserve status, he does not see any real prospect of that changing anytime soon.

2021-1-20 08:01	Yuan
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Cashaa Launches Banking Solution for Indian Crypto Owners

Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies.

2019-10-22 13:30	Virtual Currency
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Indian Finance Minister Answers Crypto Questions at IMF Meeting

At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference.

2019-10-21 13:15	World Bank
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Indian Finance Minister: Many countries caution against rushing into cryptocurrencies

According to a recent report, Indian Minister of Finance and Corporate Affairs, Nirmala Sitharaman said that many countries had advised against rushing into cryptocurrency while addressing questions on Facebook’s Libra during the annual meeting of the International Monetary Fund and the World Bank.

2019-10-20 09:22	featured
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Indian Government Updates Parliament on Crypto Plans

The Indian parliament has repeatedly asked the finance minister about the government’s plans for cryptocurrency. In July alone, the Ministry of Finance answered three sets of questions: two in Rajya Sabha, the upper house, and one in Lok Sabha, the lower house of the parliament.

2019-8-1 16:01	Virtual Currency
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Weekly Digest: Bitcoin Price Inaction, India Ban, and Sanction Busting

The United Kingdom gained a new Prime Minister this week, voted for by Conservative party members. But will Boris be bad for Bitcoin? Or perhaps cause prices to rise? Maybe Boris isn’t the answer to all our questions and we should be looking elsewhere… like the rest of the weeks news, for instance.

2019-7-28 14:00	tim draper
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India: Cryptocurrencies are not prohibited in India, says MoS for Finance and Corporate Affairs

The Indian cryptoverse lacks clarity on the government’s take on cryptocurrencies, after another alleged draft of the cryptocurrency bill circulated on social media. However, the community remained in good spirits and finally, found some relief after the Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur, responded to a few questions in Parliament.

2019-7-19 18:45	News
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Russian Minister of Justice: Cryptocurrency Doesn’t Yet Need to Be Legally Defined

Answering a top official’s questions on delays in releasing crypto regulation in Russia, the country’s Minister of Justice said that the concept of crypto doesn’t need legislation at this point

2019-2-15 21:19	Russia
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Former RBI Governor Stirs Up PMO India – Time For Better Banks

Bank frauds in India have opened a can of worms this year, leaving the public questioning concepts such as board, governance, public sector, bankruptcy, and investor transparency with anxiety and anger.

2018-9-13 14:50	Regulation
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What Will New FSA Head Mean for Japanese Cryptocurrency Exchanges

As the position of minister of the FSA is about to change hands, questions about the future of regulations on cryptocurrency and blockchain based technology arise in Japan. Japan’s FSA to Change Hands As the current minister of Japan’s Financial Security Agency, Nobuchika Mori, heads into what most assume will be his last week guiding.

2018-6-27 14:00
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India’s chief economic advisor calls for regulation that doesn’t hinder crypto innovation

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Jetking Infotrain becomes first Indian public company to hoard Bitcoin

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The insights from the trial will be used to create a CBDC roadmap.

Binance tops list of 17 crypto entities probed for tax evasion in India

Binance accounted for the highest Goods and Service Tax evasion among registered cryptocurrency exchanges in India, according to the Indian Finance Ministry. Responding to a parliamentary question regarding tax compliance by cryptocurrency exchanges, Minister of State for Finance Pankaj Chaudhary…