News Snapshot:
July 20, 2022 NEW DELHI – Speaking in the Lok Sabha on Monday, Finance Minister Nirmala Sitharaman said that the Reserve Bank of India (RBI) has once again suggested making a framework to regulate cryptocurrencies. The Indian government is also looking for an international collaboration if such a ban or regulation has to be put into effect, said Sitharaman. “In view of the concerns expressed by RBI on the destabilising effect of cryptocurrencies on the monetary and fiscal stability of a country, RBI has recommended framing of legislation on this sector. RBI is of the view that cryptocurrencies should be...
