India is close to giving the green light on its consultation paper on crypto
After talks with the World Bank and International Monetary Fund (IMF), the nation could soon finalize its crypto-specific legislation
An Indian Finance official says the country has gone through a deep dive, consulting with domestic and institutional stakeholders.
India has not yet finalised crypto-specific legislation, but the official confirmed India is working out some sort of a global regulation to determine what role India can play in crypto.
Seth sought to clarify comments that appeared to hint at India possibly banning cryptocurrency.
This comes as PM Modi told a conference Cryptocurrency is an example of the kind of challenges we are facing as a global family with a changing global order.
He is urging every nation and every global agency to have collective action
India’s crypto industry is suffering setbacks in the wake of a stiff new crypto tax.
