The world must take a ‘collective action’ approach to regulations — India’s finance minister By Cointelegraph

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The world must take a ‘collective action’ approach to regulations — India’s finance minister

Published Feb 04, 2023 01:20AM ET Updated Feb 05, 2023 03:40AM ET

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The world must take a ‘collective action’ approach to regulations — India’s finance minister

In a recent television interview, India’s Finance Minister, Nirmala Sitharaman, suggested that regulation “cannot be done” by a single country; it requires an international effort.

Speaking to Rahul Joshi on CNBC-TV18 in India on Feb. 3, Sitharaman noted that while the central bank is the “authority for issuing cryptocurrency,” the rest of the digital assets created outside are “using very useful financial technologies.”

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