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Finance Minister
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.
G20 Nations Welcome FSB's Tougher Crypto Rules, Says Presidency Holder India
On Monday, international standard-setter FSB called for tougher rules on safeguarding crypto clients’ assets.
Crypto India Looks for Relief but Holds Out Little Hope in Budget Speech
India is unlikely to make any crypto related tax cuts, multiple sources said.
European Finance Ministers Take Stock of Digital Euro Progress
Eurogroup, the body comprised of European finance ministers, said the introduction of a digital euro requires political decisions that should be discussed and taken at the political level.
Indian Finance Minister Says Crypto Regulation Should Be an International Priority
The country will host next year's G-20 summit and thus help shape the agenda.
Crypto-Friendly Rishi Sunak Appointed UK Prime Minister Following Truss Exit
Rishi Sunak, who shepherded the U.K.’s new crypto ambitions during his time as finance minister, will be the country’s next prime minister following Liz Truss’ exit from office last week. Millicent Labs co-founder Kene Ezeji-Okoye discusses the move and what this means for crypto. Plus, his outlook for a digital pound and private stablecoins.
India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee Launch
Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of digital assets on Tuesday. She also said the digital rupee will most likely be issued by 2023, despite the lack of regulatory clarity.
EU Finance Commissioner Vows New Rules on Crypto, Libra Stablecoin
EU's financial services commissioner Valdis Dombrovskis intends to create a new regulations for crypto, particularly Facebook’s Libra stablecoin.
Singapore Plans Blockchain Push to Boost Financial Inclusion
The Singapore government is looking to boost blockchain development in an effort to improve financial inclusion across Southeast Asian countries.
India's Finance Minister Strikes Stern Tone on Cryptos in Budget Speech
During his annual budget speech, Indian finance minister Arun Jaitley confirmed his position that cryptocurrencies are not legal tender.
