The Minister for Finance in the Republic of India has spoken and Nirmala Sitharaman believes that formulating cryptocurrency regulations is not an easy fiat for any government despite the growing need to rush. Sitharaman stated that the Governor of the Indian Reserve Bank has spoken about the upcoming cryptocurrency by Facebook, Libra, at International Monetary Fund’s (IMF) conventions and cryptocurrency regulations. She felt that many countries have been backing out, and cautioning others from rushing into the idea of utilization of cryptocurrencies on a similar scale. Cryptocurrency regulations in India India’s Reserve Bank (RBI), the central bank of India, has
