Crypto regulation needs collective efforts: FM

Union Finance Minister Nirmala Sitharaman said that regulating cryptocurrency requires collective effort as the technology is constantly evolving and changing. “The regulation both executive and legislative only doing catching up with technology. They can never be on top of it because the technology is constantly evolving and changing,” the FM said in a panel discussion on ‘FinTech for an inclusive growth across the globe’ during the Infinity event.Union Finance Minister Nirmala Sitharaman said that regulating cryptocurrency requires collective effort as the technology is constantly evolving and changing. “The regulation both executive and legislative only doing catching up with technology. They can never be on top of it because the technology is constantly evolving and changing,” the FM said in a panel discussion on ‘FinTech for an inclusive growth across the globe’ during the Infinity event.Cryptocurrency-Markets-Economic Times

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