Crypto Regulation: Nirmala Sitharaman Urges IMF To Develop Globally Coordinated Approach
1 year, 10 months ago

Crypto Regulation: Nirmala Sitharaman Urges IMF To Develop Globally Coordinated Approach

ABP News  

Finance Minister Nirmala Sitharaman on Thursday held a discussion with IMF managing director Kristalina Georgieva and urged the multi-lateral funding agency to develop a globally coordinated approach to the regulation of crypto assets.The Finance Minister held a virtual conversation with the International Monetary Fund MD to discuss the upcoming G20 Finance Ministers and Central Bank Governors meeting, scheduled to be held in Bengaluru later this month. Sitharaman also thanked IMF for the support that it had been providing to the G20 Indian presidency on various work streams under the G20 FinanceTrack.The Finance Ministry in a series of tweets said Georgieva congratulated India on its strong economic performance in challenging global times and its role at the forefront of digitalisation of the economy, especially in the area of digital payments. @nsitharaman held a virtual conversation with Ms. Kristalina Georgieva, Ms @KGeorgieva, MD, IMF, @IMFNews to discuss the upcoming #G20 FMCBG Meeting scheduled to be held in Bengaluru later this month. Along with addressing debt vulnerabilities, both leaders also discussed other key deliverables, such as the timely completion of the 16th General Review of Quota to strengthen the Global Financial Safety Net, another tweet said.

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History of this topic

Union Minister Meets World Bank President, Discusses MDBs Reforms
1 month, 4 weeks ago

Union Minister Meets World Bank President, Discusses MDBs Reforms

The Hindu  

Union Finance Minister Nirmala Sitharaman held a meeting with World Bank President Ajay Banga on the sidelines of the World Bank and International Monetary Fund (IMF) Annual Meetings 2024, in Washington, DC on Wednesday. The two sides discussed issues related to private capital participation in Global Public Goods, Energy security, and Multilateral Development Banks (MDBs) reforms.

FM Sitharaman Meets Citibank CEO, Focuses on AI, MSMEs and Green Tech
2 months ago

FM Sitharaman Meets Citibank CEO, Focuses on AI, MSMEs and Green Tech

News 18  

FM Nirmala Sitharaman met Citibank CEO Jane Fraser to discuss the Indian banking sector. The two discussed the use of #AI in important sectors such as agriculture, urban development, and the pharmaceutical sector. Fraser also praised India's digital payment transformation and the importance of making MSMEs a part of the supply chains.

Nirmala Sitharaman to attend AIIB annual meet in Uzbekistan
3 months ago

Nirmala Sitharaman to attend AIIB annual meet in Uzbekistan

The Hindu  

Finance Minister Nirmala Sitharaman will attend the 9th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank scheduled in Samarkand, and hold bilateral meetings with her counterparts from Uzbekistan, Qatar, China, and AIIB President. “In the Annual Meeting of AIIB, the Union Finance Minister will attend as the Indian Governor to the AIIB. The multilateral discussions …

IMF expresses willingness to collaborate with Sri Lanka's new president on economic recovery
3 months ago

IMF expresses willingness to collaborate with Sri Lanka's new president on economic recovery

China Daily  

COLOMBO - The International Monetary Fund has expressed its eagerness to collaborate with Sri Lanka's newly elected President Anura Kumara Dissanayake, said the IMF on Tuesday. "We look forward to working closely with President Dissanayake and his administration to build on the significant progress made, which has helped steer Sri Lanka toward economic recovery after one of its worst financial …

Financial stability challenges need to be discussed, IMF MD echoes RBI governor
6 months, 2 weeks ago

Financial stability challenges need to be discussed, IMF MD echoes RBI governor

Hindustan Times  

Echoing the sentiment expressed by Reserve Bank of India Governor Shaktikanta Das, Kristalina Georgieva, Managing Director, International Monetary Fund, underscored the need to discuss the financial stability challenges in a separate discussion in Washington D.C. Kristalina Georgieva, managing director of the International Monetary Fund. She underscored the challenges posed to the financial sector due to the introduction of new technologies …

Nirmala Sitharaman: 7% Growth Possible; Global Agencies Like IMF Have Enhanced Assessments
10 months, 3 weeks ago

Nirmala Sitharaman: 7% Growth Possible; Global Agencies Like IMF Have Enhanced Assessments

News 18  

The Narendra Modi government is confident of managing inflation as well as maintaining the robustness in economic growth, said union finance minister Nirmala Sitharaman on Friday in an exclusive interview with Network18 Group Editor-in-Chief Rahul Joshi, a day after presenting the interim budget in Parliament ahead of the Lok Sabha elections. The International Monetary Fund has raised its 2024-25 GDP …

Cash-strapped Pakistan will need more IMF loans, says finance minister
1 year, 1 month ago

Cash-strapped Pakistan will need more IMF loans, says finance minister

Firstpost  

Cash-strapped Pakistan’s economy has been in a free fall mode for the last many years, bringing untold pressure on the poor masses in the form of unchecked inflation, making it almost impossible for a vast number of people to make ends meet. Akhtar said her priority was to immediately start working on the last USD 1.1 billion tranche under the …

Sitharaman pitches for strong, quota-based and adequately resourced IMF
1 year, 2 months ago

Sitharaman pitches for strong, quota-based and adequately resourced IMF

The Hindu  

Finance Minister Nirmala Sitharaman on Saturday made a case for a strong, quota-based and adequately resourced IMF at the centre of the global financial safety net and climate action. Participating in a breakfast meeting of the IMF Board of Governors on the theme of 'Dialogue on Policy Challenges' in Marrakesh, Morocco, Ms. Sitharaman expressed concerns with regard to slowdown in …

On the Finance Track, G-20 to push forward on crypto regulation, MDB reforms next month
1 year, 3 months ago

On the Finance Track, G-20 to push forward on crypto regulation, MDB reforms next month

The Hindu  

Paving the way for a co-ordinated global approach to regulating cryptocurrencies, strengthening multilateral development banks’ lending capacity and replicating the use of digital public infrastructure like the India Stack to expand financial inclusion around the world, were some of the 10 major outcomes achieved under the Finance Track of India’s G-20 presidency. G-20 Summit 2023 Sept. 9 updates Discussions on …

G20 Summit 2023 New Delhi Declaration Crypto Regulation Policy Global Consensus Emerging IMF FSB CBDC Digital Rupee
1 year, 3 months ago

G20 Summit 2023 New Delhi Declaration Crypto Regulation Policy Global Consensus Emerging IMF FSB CBDC Digital Rupee

ABP News  

Prime Minister Narendra Modi announced on Saturday that the G20 had achieved unanimous agreement on a leaders' declaration. Among other notable developments, it appears that the much-discussed global coordination on crypto regulation has taken a solid step forward, as Finance Minister Nirmala Sitharaman said that a “global consensus” is emerging on virtual digital asset policies. Sitharaman said, “Global push for …

Pakistan Finance Minister Ishaq Dar blames geopolitics for stalled IMF loan; vows against default
1 year, 6 months ago

Pakistan Finance Minister Ishaq Dar blames geopolitics for stalled IMF loan; vows against default

The Hindu  

Pakistan’s Finance Minister Ishaq Dar has blamed geopolitics for a stalled International Monetary Fund loan package and said that global institutions wanted the cash-strapped country to default like Sri Lanka and then take part in the negotiations. Mr. Dar said that no reason had been given by the IMF for the “unnecessary delay” behind the ninth review, which has been …

Pakistan PM hopeful of IMF deal this month amid escalating crisis
1 year, 6 months ago

Pakistan PM hopeful of IMF deal this month amid escalating crisis

Al Jazeera  

Shehbaz Sharif’s statement comes as Pakistan seeks immediate release of $1.1bn from IMF, part of a $6.5bn bailout package the country signed up for in 2019. Sharif, who also spoke to IMF chief Kristalina Georgieva last month to revive the programme, told Anadolu that Pakistan has met the requirements the global lender asked for. “Some of those actions are usually …

Multilateral devt banks need transformative reform: FM Sitharaman
1 year, 8 months ago

Multilateral devt banks need transformative reform: FM Sitharaman

Live Mint  

In a meeting with the G20 expert group on strengthening multilateral development banks, Union finance minister Nirmala Sitharaman called for a “transformative” rather than incremental change in the banks; a “holistic” rather than fragmented approach to reform; and the need for more financing to achieve both developmental and climate goals, without viewing them as mutually exclusive. People familiar with the …

Crypto issue requires immediate attention, says FM Sitharaman
1 year, 8 months ago

Crypto issue requires immediate attention, says FM Sitharaman

The Hindu  

Issues related to crypto assets require immediate attention and the response of the G20 has to ensure that they do not lose any potential benefits while protecting economies from harm, Union Finance Minister Nirmala Sitharaman has said. Ms. Sitharaman was part of a brainstorming session on "Macrofinancial Implications of Crypto Assets" with G20 finance ministers and central bank governors at …

Debt crisis key priority of India’s G20 presidency, says FM in US
1 year, 8 months ago

Debt crisis key priority of India’s G20 presidency, says FM in US

Hindustan Times  

Washington: Reiterating that addressing the growing debt distress was a priority for India’s G20 presidency, Union finance minister Nirmala Sitharaman has emphasised debt transparency, information-sharing, clarity on the comparability of treatment, predictability and timeliness of restructuring process as key principles that should govern the process. Sitharaman made the remarks while co-chairing a meeting of the global sovereign debt roundtable along …

FM Sitharaman arrives in Washington for spring meetings, second G20 finance ministers meet
1 year, 8 months ago

FM Sitharaman arrives in Washington for spring meetings, second G20 finance ministers meet

Hindustan Times  

Washington: Finance minister Nirmala Sitharaman arrived in Washington on Sunday to attend the spring meetings of the International Monetary Fund and World Bank and chair the second G20 finance ministers and central bank governors meeting under the Indian presidency. India’s Finance Minister Nirmala Sitharaman meets Minister of Finance and Economic Affairs of the Republic of Malawi Sosten Gwengwe on the …

Crypto Regulation: India Collaborating With G20 Countries To Formulate Global Policy
1 year, 9 months ago

Crypto Regulation: India Collaborating With G20 Countries To Formulate Global Policy

ABP News  

Minister of State for Finance Pankaj Chaudhary on Monday informed the Parliament that India is working with G20 nations to establish a globally coordinated policy on crypto assets. Finance Minister Nirmala Sitharaman recently announced that there will be additional discussions on crypto assets during the IMF-World Bank Spring Meetings in April, to be held in Washington. Additionally, in July, the …

IMF eases rules for members to beat crisis but still no help for Pakistan
1 year, 9 months ago

IMF eases rules for members to beat crisis but still no help for Pakistan

Live Mint  

While the International Monetary Fund will temporarily increase funding limits for member nations to help them overcome current financial challenges, at the same time, it is still locked over an unfinished loan program required for the ongoing economic crisis. Earlier on 4 March, Finance Minister Ishaq Dar said that the country is set to receive a $1.3 billion financing boost …

Crypto at G20 Summit: India recommends a joint technical paper by IMF & FSB on regulation
1 year, 9 months ago

Crypto at G20 Summit: India recommends a joint technical paper by IMF & FSB on regulation

India Today  

India has proposed a joint technical paper by the IMF and the FSB for help in the formulation of a coordinated and comprehensive policy approach to crypto assets. Both the above agencies are expected to present their papers in October this year, i.e., during the 4th G20 Finance Ministers and Central Bank Governors Meet, stated the Ministry of Finance, following …

Moving towards regulation on Cryptocurrency under India\'s G20 presidency: Nirmala
1 year, 9 months ago

Moving towards regulation on Cryptocurrency under India\'s G20 presidency: Nirmala

Deccan Chronicle  

Bengaluru: Union Finance Minister Nirmala Sitharaman on Saturday said that the government is progressing towards regulation on Crypto Currency under India's G20 presidency. "Further, in July, the FSB's paper on crypto assets regulation will be tabled so that it could be discussed at the next meeting of the finance ministers and central bank governors," she said. Speaking on the issue, …

Crypto needs an ‘international framework’: RBI Governor Das at G20
1 year, 9 months ago

Crypto needs an ‘international framework’: RBI Governor Das at G20

Live Mint  

RBI Governor Shaktikanta Das has once again pointed out that currently, there is risks associated with cryptocurrencies or crypto assets, and has mentioned that there is need for an international framework to deal with these risks. Das said, "there is now wide recognition and acceptance of the fact that cryptocurrencies, or crypto assets, or crypto products, or by whatever name …

IMF, FSB to flesh out crypto regulation in the wake of India’s push at G20
1 year, 9 months ago

IMF, FSB to flesh out crypto regulation in the wake of India’s push at G20

The Hindu  

The International Monetary Fund and the Financial Stability Board are set to formulate a technical paper in a bid to attain a coordinated global approach for the regulation of crypto assets as proposed by the Indian Presidency of the G20. The idea had found backing from U.S. Treasury Secretary Janet Yellen, who also mooted international cooperation to set high regulatory …

India Asks IMF, FSB To Prepare Technical Paper On Regulating Crypto
1 year, 9 months ago

India Asks IMF, FSB To Prepare Technical Paper On Regulating Crypto

News 18  

India, which is currently holding G20 Presidency, has asked the IMF and Financial Stability Board to jointly prepare a technical paper on crypto assets, which could be used in formulating a coordinated and comprehensive policy to regulate them. In their entirety, the IMF’s discussion paper, the policy seminar and the joint IMF-FSB paper are expected to integrate the policy questions …

International Monetary Fund flags debt restructuring hurdles, says banning crypto should be an option
1 year, 9 months ago

International Monetary Fund flags debt restructuring hurdles, says banning crypto should be an option

Firstpost  

Bengaluru: Group of 20 nations have some disagreements over restructuring debt for distressed economies, the chief of the International Monetary Fund said on Saturday, adding that banning private cryptocurrencies should be an option. “On debt restructuring, while there are still some disagreements, we now have the global sovereign debt roundtable with consideration of all public and private creditors,” IMF Managing …

IMF flags debt disagreements, says banning crypto should not be off table
1 year, 9 months ago

IMF flags debt disagreements, says banning crypto should not be off table

Deccan Chronicle  

BENGALURU: There are some disagreements over restructuring debt for distressed economies, the chief of the International Monetary Fund said on Saturday on the sidelines of a G20 meeting, adding that banning private cryptocurrencies should be an option. India's G20 presidency comes at a time when its South Asian neighbours Sri Lanka, Bangladesh and Pakistan are seeking urgent IMF funds due …

IMF flags debt restructuring hurdles, says banning crypto should be an option
1 year, 9 months ago

IMF flags debt restructuring hurdles, says banning crypto should be an option

India Today  

Group of 20 nations have some disagreements over restructuring debt for distressed economies, the chief of the International Monetary Fund said on Saturday, adding that banning private cryptocurrencies should be an option. "On debt restructuring, while there are still some disagreements, we now have the global sovereign debt roundtable with consideration of all public and private creditors," IMF Managing Director …

Pakistan finance secretary sees IMF staff level talks wrapping up this week
1 year, 10 months ago

Pakistan finance secretary sees IMF staff level talks wrapping up this week

Live Mint  

Pakistan expects to conclude talks with the International Monetary Fund over a staff level agreement as soon as this week, the country's finance secretary said, in a crucial step towards unlocking funds to battle an economic crisis. An IMF mission spent more than a week in Islamabad earlier this month to discuss a policy framework to allow the release of …

‘Ditch IMF, Ask Islamic Nations to Set up Chit Fund’: Pak Cleric’s Message to Govt
1 year, 10 months ago

‘Ditch IMF, Ask Islamic Nations to Set up Chit Fund’: Pak Cleric’s Message to Govt

News 18  

A cleric from Pakistan has caused controversy by proposing the Pakistan government to form a chit-fund consisting of only Islamic nations and asking them to deposit billion dollars each to solve the ongoing economic crisis, according to a video shared by News18 Hindi. HRW Warns Conditions Will Trouble Pakistan’s Poor The conditions proposed by the International Monetary Fund on Pakistan …

Economic Survey 2023: Common Approach A 'Necessity' To Regulate Crypto
1 year, 10 months ago

Economic Survey 2023: Common Approach A 'Necessity' To Regulate Crypto

ABP News  

Finance Minister Nirmala Sitharaman tabled the Economic Survey 2022-23 in Parliament today, kicking off the Union Budget session. Making a reference to the recent FTX collapse and the ensuing sell-offs that saw the vanishing of nearly $2 trillion from the global crypto market, the Survey noted that crypto assets don’t “strictly pass the test of being a financial asset” as …

If You Want Money, Then Cut Down on Defence Expenses, IMF Tells Pakistan Over Stalled Loan Plan
1 year, 10 months ago

If You Want Money, Then Cut Down on Defence Expenses, IMF Tells Pakistan Over Stalled Loan Plan

News 18  

With the International Monetary Fund and Pakistan facing a deadlock over key issues, the international creditor has told the Shehbaz Sharif government to cut down its defence expenses to resume a stalled loan programme. The defence personnel yearly pension expenditure is over Rs 400 billion, which has been shown as civil expenditure in the budget since the government of General …

FM urges AIIB to scale up investment in renewal energy, smart technologies
2 years, 1 month ago

FM urges AIIB to scale up investment in renewal energy, smart technologies

Deccan Chronicle  

NEW DELHI: Finance Minister Nirmala Sitharaman on Friday asked the Asian Infrastructure Investment Bank to scale up investment in renewal energy and smart technologies and also urged the multilateral agency to set up a regional office in India. AIIB President Jin Liqun called upon the finance minister here and discussed various issues of relevance to the bank. @nsitharaman suggested that …

Yellen moots global cooperation on cryptocurrency regulation
2 years, 1 month ago

Yellen moots global cooperation on cryptocurrency regulation

The Hindu  

United States’ Treasury Secretary Janet Yellen and Finance Minister Nirmala Sitharaman discussed issues relating to cryptocurrency regulation during her maiden official visit to India on Friday, with Ms. Yellen mooting international cooperation to set high regulatory standards for crypto assets and reduce the cost of cross-border payments. Ms. Yellen said India was a key part of the United.States.’ ‘friendshoring’ approach …

Nirmala Sitharaman U.S. visit | Slew of multilateral and bilateral parleys lined up
2 years, 2 months ago

Nirmala Sitharaman U.S. visit | Slew of multilateral and bilateral parleys lined up

The Hindu  

Finance Minister Nirmala Sitharaman will begin an official visit to the U.S. on October 11, 2022 to participate in a host of critical bilateral and multilateral meetings, including the annual meets of the International Monetary Fund, the World Bank and the G20 Finance Ministers and Central Bank Governors. Ms. Sitharaman will also interact with the U.S. Treasury Secretary Janet Yellen …

IMF Chief Gita Gopinath, FM Nirmala Sitharaman Meet, Discuss 'Challenging Times'
2 years, 8 months ago

IMF Chief Gita Gopinath, FM Nirmala Sitharaman Meet, Discuss 'Challenging Times'

News 18  

Finance Minister Nirmala Sitharaman met International Monetary Fund’s Deputy Managing Director Gita Gopinath on the sideline of the IMF- WB spring Meeting 2022 in Washington DC earlier this week. Posting pictures of the meeting on Twitter, Gopinath said that aspects of India’s important role in forging solutions on debt, climate and IMF quota review were discussed during the interaction with …

’Committed to fight money laundering, terror financing‘
2 years, 8 months ago

’Committed to fight money laundering, terror financing‘

Live Mint  

Finance minister Nirmala Sitharaman on Friday said India is committed to fighting money laundering and terrorist financing. Acknowledging the Financial Action Task Force’s work in safeguarding the global financial system, Sitharaman said that India is committed to providing the necessary resources and support to the Paris-based intergovernmental organization to combat money laundering, terrorist financing and funding of weapons of mass …

India committed to fighting money laundering, terror financing: Sitharaman
2 years, 8 months ago

India committed to fighting money laundering, terror financing: Sitharaman

Live Mint  

Bengaluru/New Delhi: Finance minister Nirmala Sitharaman on Friday reaffirmed India’s commitment to fighting money laundering and terrorist financing and appreciated the Financial Action Task Force's work in safeguarding the global financial system. “During the meeting, the Finance Minister reaffirmed India’s commitment to fighting Money Laundering, Terrorist Financing and Proliferation Financing and acknowledged and appreciated FATF on their work on Beneficial …

India has unique role in addressing 'global challenges': IMF chief Kristalina Georgieva
2 years, 8 months ago

India has unique role in addressing 'global challenges': IMF chief Kristalina Georgieva

India TV News  

Highlights Ind has role to play to overcome global challenges by reaching out to different parts of world: IMF India is using its long tradition of being inclusive and open to collaborate with all countries: IMF IMF MD Kristalina Georgieva made the remarks at a joint news conference with Nadia Calviño As the chair of the powerful grouping of G-20 …

Tech transfer key to combating climate change: Sitharaman
2 years, 8 months ago

Tech transfer key to combating climate change: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Thursday told world leaders that a multilateral approach was needed in combating climate change in which financing and transfer of low-cost technology were key elements. Addressing the plenary meeting of the International Monetary and Financial Committee of the IMF in Washington D.C., the minister emphasised on “the importance of the multilateral approach to combat climate …

India’s high growth rate 'positive news' for world: IMF
2 years, 8 months ago

India’s high growth rate 'positive news' for world: IMF

Hindustan Times  

International Monetary Fund chief Kristalina Georgieva on Wednesday lauded India's high growth rate, as projected in the latest World Economic Outlook, saying that it is positive news for the world. Even with the small downgrade, growth is projected for this year to be 8.2 per cent," said Georgieva, adding, "healthy for India, but also positive in a world where growth …

Finance Minister Nirmala Sitharaman has urged IMF to assist Sri Lanka: Govt
2 years, 8 months ago

Finance Minister Nirmala Sitharaman has urged IMF to assist Sri Lanka: Govt

The Hindu  

Finance Minister Nirmala Sitharaman has urged the International Monetary Fund to provide Sri Lanka with assistance, according to the government. Ms Sitharaman, “indicated that IMF should support and urgently provide financial assistance to Sri Lanka,” said a Finance Ministry readout of the meeting between the Minister and IMF Managing Director Krisalina Georgieva. “The Managing Director assured the Finance Minister that …

Finance Minister Sitharaman meets IMF chief, discusses impact of recent 'geopolitical developments' on global economy
2 years, 8 months ago

Finance Minister Sitharaman meets IMF chief, discusses impact of recent 'geopolitical developments' on global economy

Firstpost  

During the meeting, IMF Chief Kristalina Georgieva highlighted India’s well-targeted policy mix that has helped the Indian economy remain resilient even with a limited fiscal space Washington: Finance Minister Nirmala Sitharaman on Tuesday held talks with IMF chief Kristalina Georgieva during which they voiced concern over the impact of the recent “geopolitical developments” on the global economy and the challenges …

Money laundering, terror financing biggest concerns around cryptocurrency, says Nirmala Sitharaman
2 years, 8 months ago

Money laundering, terror financing biggest concerns around cryptocurrency, says Nirmala Sitharaman

India Today  

Casting further doubts on the already-uncertain cryptocurrency market in India, Union Finance Minister Nirmala Sitharaman on Monday, April 18, said the biggest risk around cryptocurrency is its possibility to be used for money laundering and terror financing. Sitharaman said: “The biggest risk for all countries across the board will be the aspect of money laundering and that of such currency …

Nirmala meets IMF chief; discusses impact of geopolitical situation on global growth
2 years, 8 months ago

Nirmala meets IMF chief; discusses impact of geopolitical situation on global growth

Deccan Chronicle  

Washington: Finance Minister Nirmala Sitharaman on Tuesday met IMF managing director Kristalina Georgieva and discussed a range of issues, including impact of geopolitical situation on global growth. During the meeting held on the sidelines of the ongoing annual spring meetings of the International Monetary Fund and the World Bank, the IMF chief highlighted India's well-targeted policy mix that has helped …

Sri Lanka asks IMF for urgent financial assistance
2 years, 8 months ago

Sri Lanka asks IMF for urgent financial assistance

Al Jazeera  

The IMF may consider this request due to the unique circumstances, an aide to the nation’s finance minister said. Sri Lanka has requested the International Monetary Fund for urgent financial assistance and the global lender could consider it after initial reluctance, an aide to the country’s finance minister said. “The made a request for a Rapid Financing Instrument to mitigate …

FM Nirmala Sitharaman embarks on week-long US visit to attend G-20, World Bank meetings
3 years, 2 months ago

FM Nirmala Sitharaman embarks on week-long US visit to attend G-20, World Bank meetings

India TV News  

Finance Minister Nirmala Sitharaman has embarked on a week-long US trip to attend the annual meet of the World Bank and IMF as well as G20 Finance Ministers and Central Bank Governors meeting. @nsitharaman will be attending the Annual Meetings of @IMFNews & @WorldBank, G20 FMCBG meetings, India-US Economic and Financial Dialogue, and other associated investment meetings as part of …

Govt committee recommends ban all cryptocurrencies, except those issued by state: FM
3 years, 10 months ago

Govt committee recommends ban all cryptocurrencies, except those issued by state: FM

Live Mint  

A high-level committee suggested that all the private cryptocurrencies, except any virtual currencies issued by state, will be prohibited in India, finance minister Nirmala Sitharaman said on Tuesday. In a reply to a question in Rajya Sabha whether central government is planning to issue strict guidelines on cryptocurrency trading, Sitharaman said, "A high-level Inter-Ministerial Committee constituted under the Chairmanship of …

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