Finance Minister

Indian Finance Minister Answers Crypto Questions at IMF Meeting

<header class=”article__header”> </header> <strong>At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference.</strong> Also read: Indian Supreme Court Postpones Crypto Case to November, New Date Confirmed Finance Minister Talks …

Indian Finance Minister Answers Crypto Questions at IMF Meeting Read More »

Major German Coop Bank Passes Negative Interest Rates to Customers

<header class=”article__header”> </header> <strong>One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about passing on negative rates.”</strong> …

Major German Coop Bank Passes Negative Interest Rates to Customers Read More »

EU Finance Commissioner Vows New Rules on Crypto, Libra Stablecoin

Valdis Dombrovskis, the European Union’s financial services commissioner, said he intends to create a new regulatory framework for cryptocurrencies, particularly Facebook’s Libra stablecoin. “Europe needs a common approach on crypto-assets such as Libra. I intend to propose new legislation on this,” Dombrovskis said in a confirmation hearing seeking for reappointment on Tuesday with EU policy makers. The …

EU Finance Commissioner Vows New Rules on Crypto, Libra Stablecoin Read More »

Indian Government’s New Report Views Crypto Positively

<header class=”article__header”> </header> <strong>A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.” The report also discusses the regulation of coins and tokens.</strong> Also read: Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate Steering Committee’s Report …

Indian Government’s New Report Views Crypto Positively Read More »

Indian Finance Minister Addresses Crypto Proposal – Industry Responds

<header class=”article__header”> </header> <strong>India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed and incomplete.</strong> Also read: Calls Intensify for Indian Government to Regulate …

Indian Finance Minister Addresses Crypto Proposal – Industry Responds Read More »

Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India

<header class=”article__header”> </header> <strong>India’s Prime Minister Narendra Modi participated in discussions on crypto assets at the G20 leaders’ summit in Osaka, Japan. At the conclusion of the summit, the leaders of the G20 countries jointly declared their commitment to applying the crypto standards set by the Financial Action Task Force. India’s new finance minister, Nirmala …

Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India Read More »

Indian Cryptocurrency Regulation Is Ready, Official Confirms

<header class=”article__header”> </header> <strong>Ahead of the G20 summit, India’s new finance secretary has confirmed that the report detailing the country’s crypto regulation is now ready. It will soon be submitted to the finance minister for approval. Since Arun Jaitley opted out of cabinet responsibilities, Prime Minister Narendra Modi has appointed a new finance minister.</strong> Also …

Indian Cryptocurrency Regulation Is Ready, Official Confirms Read More »