Indian Finance Ministry: Crypto Trading Is Now Subject to AML Laws

Indian Finance Ministry: Crypto Trading Is Now Subject to AML Laws


Coin Edition
2023-03-08 10:23:40

The government of India has taken yet another step toward regulating digital assets by imposing money laundering rules on the crypto industry. In a notification on Tuesday, the Indian Finance Ministry said crypto trading, safekeeping, and similar financial services are now subject to anti-money laundering regulations. Bloomberg quoted Jaideep Reddy, counsel at law firm Trilegal, The post Indian Finance Ministry: Crypto Trading Is Now Subject to AML Laws appeared first on Coin Edition .