{"id":17668,"date":"2023-02-11T11:09:59","date_gmt":"2023-02-11T11:09:59","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/02\/11\/indias-finance-minister-answers-crypto-regulation-adani-queries\/"},"modified":"2023-02-11T11:09:59","modified_gmt":"2023-02-11T11:09:59","slug":"indias-finance-minister-answers-crypto-regulation-adani-queries","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/02\/11\/indias-finance-minister-answers-crypto-regulation-adani-queries\/","title":{"rendered":"India&#8217;s Finance Minister Answers Crypto Regulation, Adani Queries"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/breaking-indias-finance-minister-answers-crypto-regulation-adani-queries\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>India is in dialogue with different G20 nations to plan a typical regulatory framework for crypto regulation, Indian Finance Minister Nirmala Sitharaman stated throughout a press convention after a gathering at this time, February 11.<\/p>\n<p>Union Finance Minister Nirmala Sitharaman <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/ANI\/status\/1624293098082951168\" target=\"_blank\">attended<\/a> the Central Board of Directors assembly of the Reserve Bank of India (RBI) after the Union Budget 2023-24. Reserve Bank of India Governor Shaktikanta Das addressed considerations about recession and the worldwide financial outlook. He stated the \u201cglobal economy is not that grim.\u201d<\/p>\n<p>\u201cCrypto involves a lot of technology, it\u2019s 99% technology. We are talking to all countries if all the countries can achieve a standard operating procedure that will be effective while following a regulatory framework. It\u2019s under discussion with G20 nations,\u201d stated Nirmala Sitharaman.<\/p>\n<p>In the <a href=\"https:\/\/coingape.com\/budget-2023-india-and-crypto-whats-in-store-for-the-community\/\" target=\"_blank\" rel=\"noopener\">Union Budget 2023-24<\/a>, the Finance Minister didn&#8217;t announce any new measures on crypto taxation or rules. The crypto neighborhood was anticipating reduction from a 30% crypto tax and 1% TDS in India. India-based <a href=\"https:\/\/coingape.com\/glossary\/crypto-exchange-2\" target=\"_blank\" rel=\"noopener\">crypto exchanges<\/a> urge the federal government to cut back the tax burden and TDS to 0.1%.<\/p>\n<h2>Crypto Community Criticized Adani Situation<\/h2>\n<div class=\"FirstEle\">\n<p>Furthermore, Finance Minister Nirmala Sitharaman asserts that Indian regulators are conscious of the considerations concerning the Adani Group. Many imagine the federal government is punishing the crypto neighborhood in India for investor safety causes and failing to guard buyers from firms like Adani.<\/p>\n<\/div>\n<div id=\"paywall_11676105122017\" class=\"paywall\">\n<blockquote>\n<p>\u201cIndia\u2019s regulators are very experienced and they are experts in their domain. Regulators are very seized of this matter. They are on their toes as always, not just now. So I will leave it there,\u201d\u00a0stated Nirmala Sitharaman.<\/p>\n<\/blockquote>\n<div class=\"vJOb1e aIfcHf qlOiDc\">\n<div class=\"iRPxbe\">\n<p class=\"GI74Re nDgy9d\">The transfer comes after Hindenburg Research in its report accused Adani Group of accounting fraud and inventory manipulation. It has turn out to be a worldwide occasion as Gautam Adani turned the third-richest individual on the planet shortly in the previous few years and has even been criticized by the worldwide crypto neighborhood.<\/p>\n<p><strong>Also Read<\/strong>: <a href=\"https:\/\/coingape.com\/ftx-news-maxine-waters-urgent-sam-bankman-fried-hearing\" target=\"_blank\" rel=\"noopener\">FTX News: US Rep Maxine Waters Urges Urgent Sam Bankman-Fried\u2019s Hearing<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA138485\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nVarinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency trade for a considerable interval and is at present masking all the most recent updates and developments within the crypto trade.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD138485\">\n<p> The introduced content material could embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any duty to your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/breaking-indias-finance-minister-answers-crypto-regulation-adani-queries\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] India is in dialogue with different G20 nations to plan a typical regulatory framework for crypto regulation, Indian Finance Minister Nirmala Sitharaman stated throughout a press convention after a gathering at this time, February 11. Union Finance Minister Nirmala Sitharaman attended the Central Board of Directors assembly of the Reserve Bank of India (RBI) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[13],"tags":[6051,4214,24,146,2536,277,6052,1646],"class_list":["post-17668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation","tag-adani","tag-answers","tag-crypto","tag-finance","tag-indias","tag-minister","tag-queries","tag-regulation","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/17668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=17668"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/17668\/revisions"}],"predecessor-version":[{"id":17669,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/17668\/revisions\/17669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/17670"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=17668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=17668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php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