Regulating Crypto Assets Is High on the Agenda for India – Regulation Bitcoin News - BitcoinEthereumNews.com
A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think thats important for India to also adopt,” said the IMF official.n IMF on Crypto Regulation in India Tobias Adrian, Financial Counselor and Director of the International Monetary Fund (IMF)‘s Monetary and Capital Markets Department, discussed India’s crypto regulation in an interview with PTI Tuesday at the anual spring meeting of the IMF and the World Bank. Adrian said that for India: Regulating crypto assets is certainly high on the agenda. “That is something that is done globally,” he stressed. “Within the Financial Stability Board, we are trying to come up with global standards for crypto asset regulations. I think thats important for India to also adopt.” Officials of Indias Ministry of Finance have reportedly been patanong with the IMF and the World Bank on crypto policies as the government works on how to treat crypto assets. The IMF director then commented on the taxation of crypto transactions in India. “Of course, I know that India has changed the taxation of crypto assets and thats a welcome move.” Kevin Helms Isang estudyante ng Austrian Economics,