New Delhi [India], May 24: In the wake of the global economic crisis faced by numerous countries, there is growing interest in the potential of cryptocurrencies to address financial instability and provide alternative solutions. As legislation surrounding digital currencies becomes more a
Crypto assets are currently unregulated in India. The Indian government does not register crypto exchanges and it maintains crypto assets, by definition, is borderless and requires "international collaboration".
At the meeting, UK and Indian participants provided updates on recent developments in their respective banking sectors, discussing banking trends and emerging vulnerabilities and risks in the sector. The scope for augmenting knowledge of Central Banking Digital Currency (CBDC) through mut
Finance Minister Nirmala Sitharaman said that there was a greater acceptance among G20 members that any action against the crypto assets need to be global.
New Delhi [India], March 30 (ANI/ATK): This is arguably one of the worst bear seasons the crypto market has ever experienced. Although the crypto industry is volatile, no one could have predicted this difficult season. However, as we begin a new year, many people are holding out hope that th
New Delhi [India], March 29 (ANI/ATK): The crypto market is one of the most successful financial markets in the world. With cryptocurrencies and meme coins, numerous new avenues of wealth creation have opened up for several investors and traders. Cryptocurrencies are lauded as a much better
New Delhi [India], March 4 (ANI/ATK): The crypto market is one of the fastest-growing and most revolutionary creations in the financial industry. In the last decade, there have been many currencies to come and go but a few are here to stay. Currently, the new year is bringing success to Poly
New Delhi [India], February 28 (ANI/ATK): Observing the market trend, researching, and planning is usually the ideal practice during the first few months of a new trading year. However, adding one or a few good crypto assets to your portfolio isn't a bad idea. Top players in the crypto spher
New Delhi [India], February 27 (ANI/ATK): The crypto market is poised to become more eventful during the second quarter and beyond. Many crypto assets are set to experience an incredible price pump, presale tokens will launch on major crypto exchanges, new cryptocurrencies will go on presale
Kristalina Georgieva urged for a strong push for regulation and added, "if regulation fails, if you're slow to do it, then we should not take off the table or banning those assets, because they may create financial stability risk..."
Given the concerns over greater interconnectedness between crypto assets and the traditional financial sector as well as the complexity and volatility around crypto assets, policymakers are calling for tighter regulation.
Road to policy for crypto assets, a symposium of digital public infrastructure, and enhancement of cross-border payment arrangements are among the agenda to be discussed today at the second Finance and Central Bank Deputies Meeting under India's G20 Presidency which is underway in Bengalu