• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

India Talking With G20 Nations To Build Norms For Regulating Crypto Mining: Finance Minister

OMMCOM NEWS by OMMCOM NEWS
February 13, 2023
in Nation

New Delhi:  Finance Minister Nirmala Sitharaman on Monday told Parliament that India has taken on board the G20 member nations to formulate a standard operating protocol to regulate crypto mining.

Replying to a question on crypto mining regulation in the Lok Sabha during Question Hour, she said that under its G20 presidency, India is “raising this issue and having detailed discussion with the members so that a standard operating protocol emerges after the discussions in the G20 so that there is a coherent, and comprehensive approach in bringing some regulation into this whether it is mining or whether it is transacting”.

Sitharaman also said that crypto is largely unregulated in India, whether it is mining or whether it is an asset or whether it is a transaction.

“We recognise that this is almost driven by technology, and a standalone country’s effort in controlling or regulating this is not going to be effective. There is now an evolving consensus. That is why in the G20 we are raising this issue and having detailed discussion with the members so that a standard operating protocol emerges after the discussions in the G20 so that there is a coherent, comprehensive, all countries working together, kind of an approach in bringing some regulation into this whether it is mining or whether it is transacting,” she said.

The Finance Minister said that all this is being looked at comprehensively, because technology does not brook any borders.

She was responding to a question by DMK MP T Sumathy, who wanted to know how the government plans to regulate crypto mining in India, in order to cater to environmental and energy conception concerns.

(IANS)

Tags: Nirmala Sitharaman
ShareTweetSendSharePinShareSend
Previous Post

Cabinet Proposes OCS Pension Rules Amendment For Inclusion Of Transgender Child

Next Post

31st Odisha State Film Awards Announced

Related Posts

Nation

ACB Issues Summons To Manish Sisodia, Satyendar Jain In Classroom Construction Scam Case

June 4, 2025
Nation

Indian Delegation Arrives In Brussels With ‘One Mission, One Message, One India’ After Productive UK Visit

June 4, 2025
Nation

Indian Delegation Led By Supriya Sule Welcomes Egypt Condoling Terrorism In Talks With Foreign Minister Abdelatty

June 4, 2025
Nation

French Companies Believe In The India Growth Story: Piyush Goyal

June 3, 2025
Nation

Chandrababu Naidu Reviews Arrangements For Yoga Day Celebrations At Vizag

June 3, 2025
Nation

Meghalaya Is The Youngest State Of India: CM Sangma

June 3, 2025
Next Post

31st Odisha State Film Awards Announced

Gujarat Man Commits Suicide A Day Before Daughter's Wedding

State Cabinet Approves Proposal For Compensation For Death Of A Prisoner In Jail

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.