Pubblicato in: Banche Centrali, India

India. Vorrebbe bloccare le criptovalute. Herr Hjalmar Schacht torna di attualità.

Giuseppe Sandro Mela.

2021-11-30.

Schacht Hjalmar 001

«India seeks to block most cryptocurrencies in new bill»

«The government will allow only certain cryptocurrencies to promote the underlying technology and its uses»

«India is also looking to make a framework for the official digital currency issued by the Reserve Bank of India»

«India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies»

«Through the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India is also looking to make a framework for the official digital currency that will be issued by the Reserve Bank of India»

«The central bank has voiced “serious concerns” about private cryptocurrencies»

«Bitcoin, the world’s biggest cryptocurrency, is hovering around $60,000, and its price has more than doubled since the start of this year, attracting hordes of local investors»

«there are 15 million to 20 million crypto investors in India, with total crypto holdings of around 400 billion rupees ($5.39 billion)»

«But a senior government official told Reuters that the plan is to ban private crypto assets»

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Cina. Dichiarate illegali le criptovalute e le loro transazioni. Un gran bel siluro.

«Nessuno stato sovrano può permettersi che una valuta non propria possa liberamente circolare, essere utilizzata per transazioni, ma a volumi e con prezzi di cambio stabiliti da realtà extraterritoriali»

* * *

Tutto il mondo è in piena stagflazione.

Di giovedì la notizia che la Spagna ha un PPI, indice dei prezzi alla produzione (Producer Price Index, PPI) del 31.9%.

I vari stati si stanno dando un gran da fare per ‘addolcire’ i macrodati quali il pil ed il PPI, ma i Consumatori esperiscono gli aumenti dei prezzi quando comprano qualcosa, a partire dagli alimentari.

Le banche centrali hanno accumulato debiti sovrani da capogiro ed hanno immesso nel sistema economico fantastiche quantità di liquidità: è un sistema che non può durare in eterno.

Da molti punti di vista sembrerebbe profilarsi un qualcosa che ricorderebbe i Mefo ideati a suo tempo da Herr Hjalmar Schacht. Obbligazioni fantasma di esclusivo uso interno, grazie alle quali la Reichsbank riuscì ad ottenere il contenimento dell’iperinflazione ed a riportare in pareggio il bilancio statale.

Il vero problema è che nel quadro mondiale di gente della levatura di Herr Hjalmar Schacht sembrerebbe non vederne nessuno.

* * *


India seeks to block most cryptocurrencies in new bill, government says.

– The government will allow only certain cryptocurrencies to promote the underlying technology and its uses, according to a legislative agenda for the winter Parliament session.

– Through the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India is also looking to make a framework for the official digital currency issued by the Reserve Bank of India.

– Prime Minister Narendra Modi chaired a meeting to discuss the future of cryptocurrencies amid concerns that unregulated crypto markets could become avenues for money laundering and terror financing, sources said.

* * *

India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies in the winter session of Parliament, the government said late on Tuesday.

The government will allow only certain cryptocurrencies to promote the underlying technology and its uses, according to a legislative agenda for the winter session that is set to start later this month.

Through the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India is also looking to make a framework for the official digital currency that will be issued by the Reserve Bank of India.

The central bank has voiced “serious concerns” about private cryptocurrencies and is set to launch its own digital currency by December.

Bitcoin, the world’s biggest cryptocurrency, is hovering around $60,000, and its price has more than doubled since the start of this year, attracting hordes of local investors.

No official data is available but industry estimates suggest there are 15 million to 20 million crypto investors in India, with total crypto holdings of around 400 billion rupees ($5.39 billion).

Earlier this year, India’s government considered criminalizing the possession, issuance, mining, trading and transference of crypto assets, but a bill was not introduced

Since then, the government has changed its stance slightly and is now looking to discourage trading in cryptocurrencies by imposing hefty capital gains and other taxes, two sources told Reuters this month.

But a senior government official told Reuters that the plan is to ban private crypto assets ultimately while paving the way for a new Central Bank Digital Currency (CBDC).

Prime Minister Narendra Modi chaired a meeting to discuss the future of cryptocurrencies amid concerns that unregulated crypto markets could become avenues for money laundering and terror financing, sources told Reuters separately.