Tagged: nirmala sitharaman

Indian Government Officials to Take “Very Calibrated” Position on Regulating or Monitoring Bitcoin and Other Crypto Transactions

The Indian government may not completely ban (or attempt to) the use of decentralized cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). During a recent interview (conducted on March 5, 2021), India’s finance minister Nirmala Sitharaman clarified that she intends to support innovative crypto initiatives. #CNBCTV18IBLA… Read More

SOLV, an Indian Online Lending Marketplace for SMEs, Recommends Taking Immediate Measures to Prevent Economic Downturn Due to Coronavirus

SOLV, an online marketplace that matches lenders and micro-, small and medium-sized MSME borrowers, has expressed concerns regarding the coronavirus (COVID-19) outbreak, which has resulted in economic uncertainty and instability. SOLV, which is a B2B platform backed by the Standard Chartered Bank, expects SMEs to… Read More

Report: Indian Finance Minister Says Many Countries Cautious About “Rushing” into Crypto

Indian Finance Minister Nirmala Sitharaman has said that despite a sense of urgency kicked up by Facebook’s proposal to create a global currency system (Libra), many countries remain cautious about “rushing into” a cryptocurrency arms race, Business Standard reports. “On our side, the Reserve Bank Governor (Shantikanta… Read More

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