Indian Government 'Constantly Monitoring' Crypto Sector, Says Finance Minister – Regulation Bitcoin News

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“We have a team of people who are constantly monitoring, watching the crypto sector and listening to people from that area,” said India’s finance minister. cryptocurrency bitcoin $BTC

India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank, the Reserve Bank of India , issues its digital currency.India’s finance minister, Nirmala Sitharaman, has revealed that government officials are constantly monitoring the crypto sector, India Today reported Monday.

We have a team of people who are constantly monitoring, watching the crypto sector and listening to people from that area. They are giving me feedback. Last week, Indian Central Board of Direct Taxes Chairman J. B. Mohapatra was quoted by the publication as saying:

 

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Let them watch, the main thing is that they don't interfere in the process

Interesting how they do it

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*People got rich by crypto They: Let's impose some tax. At the end our goal is to not have rich citizens. So makes sense

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She's watching just because of 30% tax ...

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We constantly monitoring the crypto sector. but We don't have any details. Nice joke...Without data how they are monitoring?🤣🤣🤣🤣

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I thought that she is house keeping not a minister.

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It's good as they will be educated better on what CRYPTO really stands for 🥂

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