Search Results for: indian finance minister

10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies

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The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malezija, Myanmar, Philippines, Singapur,…

Brazilski predsednik Lula bo deloval kot povezovalec BRICS za pomoč Argentini, Razpravlja o kreditni liniji v brazilskih realih

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Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules…

G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required

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The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the…

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

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India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” She stressed: “We seek to…

Indijska vlada odgovarja na vprašanja o kripto legalizaciji, Preprečevanje goljufij

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The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against…

G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor

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The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor reportedly said. Crypto regulation was among the key topics discussed during the G20 meeting over…

IMF poziva k "večji" regulaciji kriptovalut – pravi, da bi morala biti prepoved možnost

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Mednarodni monetarni sklad (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to implement. IMF’s Chief Calls for More Crypto Regulation…

Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign

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Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She also confirmed that Indian regulators’ crypto awareness campaign will continue to alert people about the risks of investing in crypto. indijski…

Strokovnjak napoveduje grozeči gospodarski zlom, ko se države BRICS združijo proti dolarju

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Andy Schectman, Izvršni direktor Miles Franklin Precious Metals Investments, je v nedavnem intervjuju pojasnil, da je pet vodilnih gospodarstev v vzponu – Brazilija, Rusija, Indija, Kitajska, in Južno Afriko, skupaj znane kot države BRICS—so “združevanje proti dolarju.” Schectman meni, da od 2022, de-dollarization…

Indian Government Introduces New Crypto Tax Penalties

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The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year….