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Posts tagged as “nirmala sitharaman”

Full Statement: Nasscom Opposes India’s recommendation to Ban Cryptocurrencies

IT Industry body Nasscom (National Association of Software and Services Companies) has opposed the recent proposal for banning cryptocurrencies in India, saying it is “not a solution” and “regulatory framework must be developed”. An inter-ministerial committee headed by Economic Affairs Secretary Subhash Chandra Garg on July 22 submitted the report and the draft bill on banning of cryptocurrencies and regulating official digital currencies in India. Crypto community was taken aback…

“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.…