Parliament Financial News

12.07 / 13:19

CBDC Parliament Russian Parliament Passes Vital “Digital Ruble” Legislation With Plans To Start Tests In August

As momentum builds around the ‘digital ruble’, the proposed Central Bank Digital Currency (CBDC) of the Russian Federation, the country’s parliament has inched closer to the landmark legislation.

19.10 / 17:07

regulation Parliament UK government FCA House of Lords House of Lords to 'scrutinise' relationship between UK regulators and government

'A common area of concern arising from all these inquiries is the relationship between the regulator and the Government, and the level of independence and accountability regulators have.'

07.09 / 14:31

CBDC Parliament digital euro 2024 EU Commissioner Wants Digital Euro Project To Be Approached After Next European Commission In 2024

Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and the Capital Markets Union says that the digital euro should not be rushed until the next Commission's parliamentary election.

22.12 / 04:33

cryptocurrency RBI Parliament Bitcoin Option Will crypto gain ‘currency’ as asset class since payment option is out?

In 2016, when Hiten Malviya (29) bought a bitcoin for the first time, the virtual currency was worth less than $1,000. After an initial investment of Rs 40,000, Malviya had become a ‘crypto millionaire’ within a year as the value of bitcoin hit $20,000 in 2017-end. In 2018, Malviya, however, lost nearly 80% of hi

15.12 / 13:07

cryptocurrency CBDC RBI Parliament NOT Crypto Bill may not be introduced in Winter Session

cryptocurrency framework, a senior government official said. This means that it may not be introduced in the winter session of parliament as planned.

11.12 / 18:03

European Union Parliament Bosnian Serb entity assembly in favour of withdrawing from central institutions in Bosnia

The Bosnian Serb entity assembly voted yes on a set of provisions that would see the regional government opt-out of national institutions despite the threat of new sanctions.

10.12 / 14:31

cryptocurrency Parliament coindcx Finance Minister FEMA Customers Exclusive | Introduce licensing for exchanges, KYC and FEMA norms for customers: crypto industry tells Parliamentary panel

The crypto industry body has suggested that the government can regulate cryptocurrencies by introducing a licensing regime for exchanges and other intermediaries and bringing in strict norms to track funds used in crypto trading, Moneycontrol has learnt from sources.

29.11 / 07:59

Parliament Investors Currency Crypto users Fear, uncertainty, doubt: The FUD reality of crypto users

crypto trader, spent Tuesday night desperately trying to sell a part of his cryptocurrency portfolio, but the trades wouldn't go through. He couldn't even buy some more coins because the wallet wouldn't add money.

26.11 / 11:39

Parliament Reserve Bank of India 54% people don't want cryptocurrencies to be legalised in India: Survey

cryptocurrencies in the country and instead pitched for treating them as digital assets held overseas, digital community platform LocalCircles said in a report. LocalCircles said the study received more than 56,000 responses from people residing in 342 districts of the country, while the number of responses to individual questions differed.

24.11 / 07:29

cryptocurrency Parliament Cryptocurrency Bill What will happen to crypto in circulation if government bans it, asks Zerodha’s Nikhil Kamath

A day after the central government listed the cryptocurrency bill for introduction in the Lok Sabha’s winter session, cryptocurrency prices crashed and investors feared what would happen if the bill is passed in the current form.

23.11 / 17:51

cryptocurrency Parliament Govt to introduce Cryptocurrency Bill in Winter Session of Parliament: Report

The Government of India will introduce the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the Winter Session of Parliament, which is slated to begin on November 29, reported NDTV.

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 / 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.

11.11 / 15:25

Climate change Parliament Culture North Macedonia government facing no confidence vote in parliament

The parliament of North Macedonia is due to meet on Thursday to vote on a motion of no confidence in the government.

10.11 / 11:51

cryptocurrency NFT Parliament Crypto exchanges want government to define various crypto assets

Crypto exchanges are lobbying for definition of different types of crypto assets while the government looks to table the Cryptocurrency Bill in the Parliament this budget session, said people with direct knowledge of the matter. The government's current plan includes creating a broad framework around crypto assets that would give them a legal credence in India.

08.11 / 19:17

cryptocurrency Parliament Cryptocurrency Bill Centre Centre likely to move modified cryptocurrency bill at start of Parliament's Winter Session

The Centre is likely to move a modified bill on cryptocurrency at the start of Parliament's Winter Session, CNBC TV-18 reported on November 8.

08.11 / 09:49

Parliament India unlikely to take a tough stance on cryptocurrencies

India is considering a middle path on cryptocurrencies, as it finalises legislation on the virtual asset to be introduced in the upcoming winter session of Parliament. The hard-line stance for an outright ban of cryptos is not being found feasible in view of large investments in such instruments by Indians, and these unregulated virtual currencies are also unlikely to be allowed as a legal tender, said a government source.

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