Tag: Minister

Indian Finance Minister Answers Crypto Questions at IMF Meeting

Indian Finance Minister Answers Crypto Questions at IMF Meeting 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. Also read: Indian Supreme Court […]

Indian Finance Minister Addresses Crypto Proposal – Industry Responds

Indian Finance Minister Addresses Crypto Proposal – Industry Responds 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 […]

Russia’s Minister of Justice: Cryptocurrencies Don’t Need to Be Legally Defined Yet

Russia’s Minister of Justice: Cryptocurrencies Don’t Need to Be Legally Defined Yet Russia’s stance on cryptocurrency remains unclear after the Minister of Justice this week announced that there is still no need to formalize crypto-related legislation. This is because digital assets cannot be used as a means of payment, it […]

Korean Incoming Finance Minister Confirms Cryptocurrency Taxation Plans

Korean Incoming Finance Minister Confirms Cryptocurrency Taxation Plans South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies and the private sector will be formed to examine overseas cases to establish […]

Former Russian Economics Minister Sees Huge Potential for Cryptocurrency

Former Russian Economics Minister Sees Huge Potential for Cryptocurrency Herman Gref, the former Russian minister of economics and trade and the current CEO of Russia’s largest bank, Sberbank, recently articulated his expectation that cryptocurrency will have a profoundly transformative effect upon society in coming decades. Despite his longer-term outlook, Gref […]