Addressing queries pertaining to cryptocurrencies in the Lok Sabha today, finance minister Nirmala Sitharaman said, “Cryptocurrencies are by definition borderless and require international collaboration to prevent regulatory arbitrage. Therefore, any legislation for regulation or for banning can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of common taxonomy and standards.”

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    16 Comments

    1. Nirmala worst finance minister in indian history she should resign ,she is looting money in the name of tax , sushma swaraj best

    2. If they did it it would be blunder of the decade. It would take years undoing the damage it does to the crypto ecosystem in India. Humble request to Modiji, regulate dont ban please 🙏

    3. Mc RBI and indian goverment humesha sei crypto k against tha and age v rahega are chutiya bahar ki country Mai crypto ko kis najariya se treat karta hai wo pehle sahi understanding kar chutiya goverment sale logoko rojgar dene ki aqad nahi hai rojgar chinne ka oqad hai

    4. Great update… so much FUD in the marketplace is affecting everything. On the other hand there are many ways of manipulating the market. I am glad as a smart investor that I am putting my hard earned savings into the most better said the only transparent market there is Day Trading. I’ve accumulated over 17BTC using Shlomi Gray method lately.

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