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Dos and Don’ts: Finance Minister Explains Russia’s Cryptocurrency Strategy
7.11.2024
Anton Siluanov, Russia’s Finance Minister, has clarified how cryptocurrency will be utilized in the country’s financial system now that mining has become legal. Siluanov stated that international settlements will be the primary use case for crypto. Finance Minister States Russia’s...
Italy’s finance minister defends 42% crypto capital gains tax plan
31.10.2024
Giancarlo Giorgetti said cryptocurrencies like Bitcoin presented a “very high level of risk,” highlighting the need for additional taxes
Italy’s finance minister defends 42% crypto capital gains tax plan
31.10.2024
Giancarlo Giorgetti said cryptocurrencies like Bitcoin presented a “very high level of risk,” highlighting the need for additional taxes
Russian Finance Minister: Western Policies Hurt the US Dollar
11.10.2024
Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will develop a solution using digital financial assets...
Former Chinese finance minister urges crypto study after US Bitcoin ETF shift
29.9.2024
Lou Jiwei stresses that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs
Former Chinese finance minister urges crypto study after US Bitcoin ETF shift
29.9.2024
Lou Jiwei stressed that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs
Former Chinese finance minister urges crypto study after US Bitcoin ETF shift
29.9.2024
Lou Jiwei stressed that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs
Russian Finance Minister Discloses That Over 90% of Bilateral Trade With China Is Settled Outside the U.S. Dollar System
20.8.2024
Anton Siluanov, the Russian Finance Minister, pointed out that a majority of the bilateral trade with China is being conducted outside the U.S. dollar system. He stressed that over 90% of these transactions have been completed using national currencies (rubles and yuan) due to the risks associated...
Thailand distributing digital money to 45M citizens to boost economy
24.7.2024
The controversial plan began as a campaign promise and will help lower-income Thais buy more
Thailand distributing digital money to 45M citizens to boost economy
24.7.2024
The controversial plan began as a campaign promise and will help lower-income Thais buy more
Indian finance minister ignores crypto industry’s budget tax plea
23.7.2024
Local crypto businesses pushed for a reduction in the 1% TDS to 0.01% to revive its customer base
India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech
23.7.2024
The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%
Nigerian minister urges SEC to tackle crypto regulation challenges
10.7.2024
Nigeria's cryptocurrency regulations are currently in the process of being updated
Nigeria’s Finance Minister Urges SEC to Tackle Challenges in Regulating Cryptocurrency
9.7.2024
The Nigerian Finance Minister, Wale Edun, has urged the newly inaugurated board of the country’s Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies. He emphasized the need for stringent oversight to maintain market integrity in the capital...
Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses
13.6.2024
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over...
Modi Reappoints Nirmala Sitharaman as India’s Finance Minister — Investors Remain Concerned Over High Crypto Taxes
11.6.2024
Indian Prime Minister Narendra Modi has reappointed Nirmala Sitharaman as Finance Minister. She remains instrumental in shaping India’s economic policies, including cryptocurrency regulation and taxation. Nirmala Sitharaman Reappointed as Finance Minister Indian Prime Minister Narendra Modi...
Indian Finance Minister: Crypto Regulation Needs Global Consensus
20.5.2024
Indian Finance Minister Nirmala Sitharaman advocates for global consensus on cryptocurrency regulation, highlighting the need for international cooperation, particularly within the G20. She noted that while Indian regulators have differing opinions regarding how to treat crypto, there is currently...
Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency
29.4.2024
Pakistan's plans for a central bank digital currency gained fresh momentum on Sunday, with finance minister Muhammad Aurangzeb raising the debate again.
The post Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency appeared first on Cryptonews
Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
22.3.2024
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government...
Crypto Assets Suitable Only for Trading and Speculation, Not Currency Use: India’s Finance Minister
18.3.2024
Bitcoin's record high above $72,000 hasn’t changed the Indian government’s position on crypto, according to Finance Minister Nirmala Sitharaman.
The post Crypto Assets Suitable Only for Trading and Speculation, Not Currency Use: India’s Finance Minister appeared first on Cryptonews