Narendra Modi News

18.11 / 08:55

cryptocurrency Digital Cooper cryptocurrency in india International PM Narendra Modi says International collaboration necessary to ensure proper use of crypto

Delivering the keynote speech at the inauguration of The Sydney Dialogue, Prime Minister Modi spoke about India's rapid and positive tryst with technology, on the theme of India's technological evolution and revolution.

15.11 / 11:01

cryptocurrency Prime Minister Bitcoin No consensus yet on treatment of cryptocurrency

meeting chaired by Prime Minister Narendra Modi on cryptocurrencies on Saturday underscored the divergence between the government and the central bank on India’s stance toward virtual currencies such as Bitcoin and their trading platforms. Most stakeholder departments at the meeting favoured some form of regulation of cryptocurrencies, but RBI is believed to have reiterated its advocacy of a ban, citing macroeconomic and financial stability concerns.

15.11 / 10:03

Digital Progressive Bitcoin What Will PM Modi Order For Cryptocurrency? Here's What's Expected

A panel is scheduled to meet industry experts on challenges and opportunities in crypto finance.

15.11 / 05:03

cryptocurrency Money laundering financing PM chairs meet on cryptocurrency; concerns raised over money laundering, terror financing risks

cryptocurrency investment, Prime Minister Narendra Modi on Saturday chaired a meeting on the way forward on the issue, with government sources asserting that such unregulated markets cannot be allowed to become avenues for "money laundering and terror financing". It was strongly felt in the meeting that attempts to mislead the youth through over-promising and non-transparent advertising should be stopped, the sources said, signalling that strong regulatory steps are in the offing.

15.11 / 05:03

cryptocurrency Cryptocurrency regulation: Indian govt taking forward-looking steps, says report

Prime Minister Narendra Modi led a review meeting on the digital currency on Saturday, and it was decided that the government will continue to proactively engage with experts and other stakeholders on the evolving technology, the people said, asking not to be identified. A spokesperson at the prime minister’s office declined to comment.

15.11 / 04:47

cryptocurrency Parliament Cryptocurrency Bill: Govt working on definition, tax treatment; cabinet nod to be sought soon

The Finance Ministry is racing against time to introduce the planned bill on cryptocurrency in the upcoming Winter Session of Parliament. This urgency comes in the light of what many in the government see as unchecked growth of an unregulated sector and can be gauged from the multiple meetings being held, including once chaired by Prime Minister Narendra Modi.

13.11 / 21:51

UPS Bitcoin National In India, one Bitcoin hacker triggered a national-level political meltdown

What should have been a standard investigation into a South Indian crypto hacker has boiled over to become a national-level political clash, with opposition party members accusing the ruling government of high-level corruption.

13.11 / 18:55

cryptocurrency economy Parliament Non-transparent advertising needs to stop, say govt sources after PM meet on cryptocurrency

The government 'strongly' feels that advertisements by cryptocurrency companies, exchanges and other such entities which over-promise and are not transparent need to stop, sources said after Prime Minister Narendra Modi chaired a meeting on cryptocurrency with stakeholders on November 13.

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