India’s finance minister calls for global crypto regulation | Headlines | News | CoinMarketCap

09/05/2023 16:30
India’s finance minister calls for global crypto regulation | Headlines | News | CoinMarketCap

India’s Minister of Finance, Nirmala Sitharaman, said that all countries must unite for better worldwide crypto regulation. Speaking at the Global …

India’s Minister of Finance, Nirmala Sitharaman, said that all countries must unite for better worldwide crypto regulation.

Speaking at the Global Fintech Fest 2023, Sitharaman added that there should be a global regulatory framework “for handling issues related to crypto assets.” 

According to The Free Press Journal, the finance minister stressed the importance of the country’s Income Tax Return (ITR), claiming that some tax categories have risen by a minimum of three times in terms of tax filings.

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Sitharaman added that technology is one of the essential tools for positive change.

“I want [the] banking system, the financial ecosystem [including] the mutual funds, stock markets… …

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