Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “Our intention is in no way to hurt the ecosystem, or to even say that we don’t need it,” she added.India’s finance minister, Nirmala Sitharaman, discussed cryptocurrency regulation Wednesday at a fireside chat organized by Stanford University School of Medicine.
Sitharaman admitted that blockchain technology has the potential to improve India’s economy. “Blockchain is full of potential not just in the payments arena but also in many others,” she described, adding: However, the finance minister also emphasized that “it also can be manipulated for not so desirable ends — whether it is money laundering or leading to financing terror.”It has to take its time for all of us to be sure that at least, with the given available information, we are making a discerned decision. It can’t be rushed.
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everything be like this just hanging, they want healthfy tax on it but regulation not in hurry,
This is good. People should freely invest usdt in bitcoin if they want to.
From starting of Bitcoin, India Govt. Urged that through Bitcoin criminal and terror activities have been carried out. To remove such activities, why India Govt. banned to Bitcoin. Will India Govt. assure by imposing 30% Tax criminal activities not carried out.
It was already rushed
She should be resigned.
It sounds like nothing will change.
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But crypto taxes decision is to be rushed 😂
They already rushed towards tax 😐
She is the worst FM ever. I wish there is alternative to BJP government. BJP policies are tax people more and more and doesn't really care about infra and increasing per capita of people. They want states to reduce taxes so that centre can collect more
Yeah, India is not like ghana or nepal , India has a wise government and FinMinIndia should consider it as a highest world economic trend, if we do not come together with the pace , we could be left behind. bitcoin is the currency of future. saylor sir spread some knowledge
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