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Posts tagged as “finance ministry”

Is the government Banning Cryptocurrencies in India? Again?

Earlier today a “Breaking News” on Economic Times said – India plans lasting ban on cryptos. We dive deeper into what this means and what was not reported. Waking up to calls and messages from well wishers and those who want to know if the news is true is not a good thing. I had to collect myself, make some calls, gather information and sit down to write this article…

“Private” Cryptocurrencies have no chance of Survival says Subhash Chandra Garg Advocating Digital Rupee

“Crypto-currencies created have fallen by the side as currencies. Most guys who launched crypto-currencies have shuttered their businesses. Bitcoin is the only real survivor.” – Former Finance Secretary Subhash Chandra Garg In his latest blog, former Finance secretary Subhash Chandra Garg writes about the need for Digital Rupee as the new generation of Money. He explains the history of Indian Rupee, how digital currencies came into existence, why (private) crypto-currencies…

Government Examining IMC’s Crypto Report says Anurag Thakur in Parliament

There is no separate law to deal with Cryptocurrencies currently. Government examining the IMC report and Draft Bill, confirms Minister of State to Ministry of Finance Anurag Thakur in an answer in Rajyasabha. The latest Cryptocurrency related questions answered in the upper house of the parliament, Rajyasabha shed some more light on the on-going discussion around the Report submitted by the IMC recommending a complete ban on Cryptocurrencies in India.…

“Futuristic and Well Thought Out” Finance Minister on India’s Cryptocurrency Report

Nirmala Sitharaman, the Finance Minister of India said she was presented the Cryptocurrency report by the IMC and she considers it well thought out, but they will be looking into it again before making their position clear. In an interview with the Finance Minister of India published on Economic Times, the former was asked about the latest report on Cryptocurrencies that advocates a complete ban on trading, mining, holding Cryptocurrencies.…