Indian finance minister says that the country's crypto policy will not be rushed. cryptocurrency bitcoin $BTC
Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “Our intention is in no way to hurt the ecosystem, or to even say that we don’t need it,” she added.India’s finance minister, Nirmala Sitharaman, discussed cryptocurrency regulation Wednesday at a fireside chat organized by Stanford University School of Medicine.
Sitharaman admitted that blockchain technology has the potential to improve India’s economy. “Blockchain is full of potential not just in the payments arena but also in many others,” she described, adding: However, the finance minister also emphasized that “it also can be manipulated for not so desirable ends — whether it is money laundering or leading to financing terror.”It has to take its time for all of us to be sure that at least, with the given available information, we are making a discerned decision. It can’t be rushed.
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