Crypto-assets have implications for macroeconomic, financial stability: IMF-FSB Paper
Blanket bans that make all crypto-asset activities (e.g., trading and mining) illegal can be costly and technically demanding to enforce, says the paper.
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Are Cryptos Set For A Comeback?
Clampdown on cryptocurrencies failed to deter investors, who moved to decentralised exchanges. Here's what lies ahead...
B20 Summit: PM Modi pushes for global framework to deal with cryptocurrencies
PM suggests creating a global framework for cryptocurrencies where issues of all stakeholders can be addressed.
Parliament passes GST amendment bills defining online money gaming, use of crypto assets
The Integrated Goods and Services Tax (Amendment) Bill, 2023 too was passed by the Parliament today.
FM at G20 Meet: ‘Global consensus needed to regulate crypto’
The 3rd G20 Finance Ministers and Central Bank Governors Meet summary says G20 members continue to "closely monitor" risks of fast-paced developments in the crypto-asset ecosystem
Crypto assets need immediate attention: FM Sitharaman
Finance Minister attended a session on “Microfinancial implications of crypto assets” at IMF (International Monetary Fund) headquarters.
Global collaboration must to make effective law on crypto: FM
FM Nirmala Sitharaman says whether it is crypto mining, asset or transaction, a standalone country's effort in controlling and regulating it is not going to be effective.
7.3% Indians own crypto assets: UNCTAD
India ranks seventh on the UNCTAD list, below Russia, Ukraine, Singapore, Venezuela, Kenya and the US.
Crypto investors can lose all their money: EU issues stern warning
Investors should be alert to the risks of misleading advertisements via social media and influencers, cautioned three EU regulators.
Crypto innovators need a safe harbour to experiment
India has always been a forced adopter of standards whereas in this ecosystem, which is touted as the future foundation of Web 3.0, we may be the leaders.
