Regulating crypto without global consensus won’t be effective: Sitharaman

Underlining that global consensus is necessary for regulation of crypto, before India makes any move on it, finance minister Nirmala Sitharaman on Sunday said a global template may have to be created, and everyone will have to work together on it, otherwise regulating it will not be effective. She, however, said it does not mean controlling of ‘distributed ledger technology’, which has its goodness and potential.

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