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  • News From Press India will not take a rushed decision on cryptocurrency: Sitharaman

    India will not take a rushed decision on cryptocurrency: Sitharaman

    Source: Mint Apr 28, 2022

    India will not rush into finalizing a policy on cryptocurrencies and virtual digital assets, but take an informed decision after due deliberations across multilateral fora, finance minister Nirmala Sitharaman said while addressing an event at Stanford Medicine.

    At a fireside chat organised by the University, Sitharaman said while blockchain had the potential to contribute positively to the economy, it could also be manipulated and used for money laundering or terror financing activities. 

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