Union Finance Minister Nirmala Sitharaman, who is on an official visit to the United States, on Monday (local time) warned that cryptocurrency could be used for financing terror.
Addressing the seminar during the ongoing spring meet of the International Monetary Fund (IMF), the FM said: “I think the biggest risk for all countries across the board will be the money laundering aspect and also the aspect of currency being used for financing terror.”
“I think regulation using technology is the only answer. Regulation using technology will have to be so adept, that it has to be not behind the curve, but be sure that it is on the top of it. And that’s not possible. If any one country thinks that it can handle it. It has to be across the board,” Sitharaman said.
Nirmala Sitharaman reached Washington this morning on an official visit to attend the Spring Meetings at the World Bank, the G20 Finance Ministers meeting and the Central Bank Governor meeting (FMCBG).
The promotional campaign of the much awaited movie ‘Kalki 2898 AD’ featuring Prabhas is very…
Recently, there was big news about a movie called NTR - Neel project, starring Jr…
Many other filmmakers have been challenged by the success of ‘Baahubali’ to produce high budget…
Telangana Chief Minister Revanth Reddy recently held a meeting with the esteemed music director MM…
Vishnu Manchu's new movie "Kannappa" has been getting a lot of attention since it was…
It is known that the Manchu family recently flew abroad to take part in the…