Aurangzeb signals major push to regulate crypto

sector to lead innovation. The regulatory framework, he said, is being developed by studying international models, including Dubai’s VARA, Singapore’s MAS, and the EU’s MiCA regulations, to avoid “reinventing the wheel”.

“The last thing we want to do is to come in your way,” Aurangzeb assured the industry$ETH $SOL #HEMIBinanceTGE #FOMCMinutes #AKEBinanceTGE #ETHInstitutionalFlows leaders present. “The private sector has to lead this country.”

Aurangzeb emphasised the need to adopt new technologies within a proper regulatory framework to ensure long-term stability. “It is better to integrate these innovations into a regulated environment now, rather than face potential challenges later,” he said.

“Being the minister of finance and revenue, I can never underestimate the revenue we can get from there as well. So, there is that angle too, but I do not want to talk about taxes right now,” he said on a lighter tone.

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