Cryptocurrency: RBI Wants Ban on Virtual Currencies, Govt Needs Global Support, Says FM

Cryptocurrency: RBI Wants Ban on Virtual Currencies, Govt Needs Global Support, Says FM

Nirmala Sitharaman(Image: Twitter/ PIB in Chandigarh) RBI has been cautioning users, holders and traders of Virtual Currencies (VCs) and cryptocurrencies through public notices since 2013, Nirmala Sitharaman said. The Indian government is in support of a global collaboration if there is a need to prohibit or regulate digital assets, including cryptocurrencies, even as the Reserve … Read more

India Must Take Benefits from Crypto World, Understand Them, Say Experts on Crypto Ban Stance

India Must Take Benefits from Crypto World, Understand Them, Say Experts on Crypto Ban Stance

Finance minister Nirmala Sitharaman has said that the RBI wants to ban cryptocurrencies in India. (Image: Shutterstock) What we are saying is that the governments across the world over is figuring out how to regulate Crypto, WazirX vice president Rajagopal Menon said. Shortly after finance minister Nirmala Sitharaman informed the Parliament that the Reserve Bank … Read more