India Seeks to Explore Crypto Regulation Via G20
Despite the challenging global economic conditions, central bank officials strive to stabilize Asia’s third-largest economy. As the Indian Finance Minister
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Despite the challenging global economic conditions, central bank officials strive to stabilize Asia’s third-largest economy. As the Indian Finance Minister
Cryptocurrencies are being considered for collective regulation by the Group of 20 (G20) nations, according to India’s Finance Minister Nirmala Sitharaman. India is this year’s G20 president and will host the finance ministers and central bank governors of the G20 group this month. This follows on from comments by India’s finance minister, Nirmala Sitharaman, who […]
Last G20 summit under the Indonesian presidency begins today, which could see India leading the charge for strict crypto regulations.
Indian Finance Minister Nirmala Sitharaman called on banks to use technologies such as Web3 and AI to detect fraud and generate early warning signs at the 75th Annual General Meeting of the Indian Banks Association in Mumbai on September 18. (Read More)
Nirmala Sitharaman is confident with crypto in India. Points out various negative impacts of crypto too. India to launch its
India announced plans to introduce its national cryptocurrency before April 2023 and legalized crypto by applying a 30% tax on sales of digital assets.
A religious Islamic organization in Indonesia, Nahdlatul Ulama in East Java, has issued a fatwa on the status of digital currencies under the Sharia Law saying the new digital assets are "haram" which means forbidden in Islam. (Read More)
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