Indian Government Answers Questions About Crypto Legalization, Fraud Prevention

Indian Government Answers Questions About Crypto Legalization, Fraud PreventionThe Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against fraud and cybercrime,” the Minister of State for the Ministry of Finance told parliament. […]

Go to Source

Powered by WPeMatico

Indian Parliament Committee Discusses Crypto Regulation With Industry Experts

India’s parliamentary committee on finance has held a meeting with representatives from the crypto industry and other stakeholders on cryptocurrency and its oversight. “There was an understanding that cryptocurrency can’t be stopped but it must be regulated” and “There was a consensus that a regulatory mechanism should be put in place to regulate cryptocurrency.” First […]

Go to Source

Powered by WPeMatico