Cryptoknowmics
2023-05-13 06:26:53

Nirmala Sitharaman Insists Digital Money Should Be Regulated, But Supports Blockchain

India has not changed its position that the government should strictly regulate digital currencies to stop the industry-wide meltdowns in 2022 from happening again. The disclosure was made by Nirmala Sitharaman, the country’s Finance Minister, at a conference in Bengaluru. She said that investors will bear the brunt of the collapse if there is no government control. Sitharaman explained that in spite of the extreme position, the public authority would keep on support blockchain innovation for other use cases. Sitharaman stated, “Blockchain gives us so many options.” It tends to be utilized in such countless various ways. So we are The post Nirmala Sitharaman Insists Digital Money Should Be Regulated, But Supports Blockchain appeared first on Cryptoknowmics-Crypto News and Media Platform .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.