Indian Finance Ministry: Cryptocurrencies Are ‘Like Ponzi Schemes’
The India government doubled down its skepticism over cryptocurrencies, calling them like "Ponzi Schemes."
In exchange for regulatory approval, crypto firms can opt to abide by capital, tax, and consumer protection requirements.
“The issuance of a currency does not belong in the hands of a private company," according to Germany's finance minister.
The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said.
A former Thai official is calling for brining proper regulation on all cryptocurrencies and initial coin offerings in the country.
Japan's financial regulator is reportedly mulling the creation of a regulatory framework for firms raising funds through initial coin offerings.