Tag: finance

India’s finance minister waiting for consultations to decide whether to ban or regulate crypto

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Yet another statement by a top Indian official suggests that regulatory uncertainty around the status of digital assets in the country will persist in the near term. Responding to the general discussion of the 2022–23 Union Budget at Rajya Sabha, the upper chamber of India’s bicameral parliament, finance minister Nirmala Sitharaman stated that she was not going to “legalize or ban” cryptocurrency at this moment. The minister added that “Banning or not banning will come subsequently,” when the ministry reviews input from consultations. Sitharaman also mentioned that the state has…

India Won’t Legalize or Ban Crypto at This Stage, Finance Minister Confirms – Regulation Bitcoin News

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India’s finance minister has revealed the current status of crypto policy in India, including whether crypto will be legalized or banned in the country. The question surrounding the legitimacy of cryptocurrency was raised in parliament after the government announced that income from crypto transactions will be taxed at 30%. Finance Minister Reveals Status of Crypto Policy in India India’s finance minister, Nirmala Sitharaman, clarified on Friday that the government has not made a decision on whether to legalize or ban cryptocurrency. During her Budget speech last week, the finance minister…

EU finance chief says digital euro bill coming in early 2023

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The European Commission has announced that a bill for a digital euro will be proposed in 2023. As first reported by Politico, EC finance chief Mairead McGuinness officially disclosed the EU’s formal consideration of digital euro legislation at a fintech conference on Wednesday. “Our goal is to table legislation in early 2023,” the Commissioner for Financial Service said. “A targeted legislative consultation in the coming weeks.” The European Central Bank (ECB) is already experimenting with designs and systems for a digital euro, with a prototype expected sometime in late-2023. If…

Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks – Finance Bitcoin News

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One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The adoption of bitcoin as legal tender has added uncertainty about the potential for an IMF program that would unlock financing for 2022-2023,” Fitch detailed. El Salvador Downgraded to Junk Fitch Ratings downgraded El Salvador’s Long Term Foreign Currency Issuer Default Rating (IDR) from “B-” to “CCC” Wednesday. The American credit rating agency is one of…

Bitcoin a jeho dôležitosť

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ak Ma chcete podporiť v mojej tvorbe tuna je zopár možností. Vopred ďakujem za prejavenú podporu a priazeň Všetky siete najdete pokope cez túto aplikáciu a stránku. BTC adresa: bc1qclhmp4ant27xurs0uzq66g2y9yf6jk034g0sgr Bitcoin Lightning donation P.S. Zanechajte mi aj spravu ak mozte. Dakujem ETH a ERC20 tokeny: 0xCAF60988622e70ce180BF0A060703ef24D717aA1 Solana 6RndD1yF53bwa6HSCiXjcUzL5KypdgiUofoq4vFENJ4r Ak ma chcete podporiť krypto tuna je link a zanechajte aj správu (ak chcete) dakujeem Patreon kanál: ——————————————————————————————————————————– Burzy, ktoré využívam a mámich overené: Crypto, no aj akcie a komodity: Trading platformy: FTX futures…

Bitcoin: Will A Capitulation Fuel The Next Rally?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Before #Bitcoin sees sustained uptrends that last more than a few weeks, we often first have to see some type of capitulation candle with a lot of volume. Since we have not seen that yet, can we really be optimistic of immediate new all-time-highs for #Bitcoin? In this video we look at prior capitulation candles that carried a lot of volume and how they fueled the next impulsive move by #Bitcoin. Premium List : LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information…

Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister – Regulation Bitcoin News

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India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank, the Reserve Bank of India (RBI), issues its digital currency. Indian Finance Minister on Monitoring Crypto Sector and RBI’s Digital Currency Launch India’s finance minister, Nirmala Sitharaman, has revealed that government officials are constantly monitoring the crypto sector, India Today reported Monday. Speaking at India Today Budget Roundtable 2022 on the “State of India’s…

Only gold and Bitcoin will protect against what's to come – Alex Mashinsky's 2022 survival guide

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Alex Mashinsky, CEO of Celsius Network, discusses with David Lin, anchor for Kitco News, the major investment themes of 2022, and which assets will perform the best. Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Alex Mashinsky on Twitter: @Mashinsky ( 0:00 – Major investment themes of 2022 4:35 – Volatility 8:00 – Decline of the USD 10:00 – Velocity of cryptos 11:45 – Technological innovation 14:51 – Web 3.0 17:00 – Venture capital today…

Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary – Finance Bitcoin News

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The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and more than 40 VC Firms Inject $450 Million Into Polygon’s Coffers Polygon has raised $450 million from strategic investors according to a press release sent to Bitcoin.com News on February 7. The funding round was…