Crypto regulation tightens in India as lawmaker makes this move

Crypto regulation tightens in India as lawmaker makes this move


Cryptopolitan
2023-03-08 13:00:55

Crypto regulation in India is tightening as the finance ministry has notified that crypto or virtual asset businesses will now be under the ambit of the Prevention of Money Laundering Act, 2002 (PMLA). This means Indian crypto exchanges will have to report suspicious activity to the Financial Intelligence Unit India (FIU-IND) and follow the same … Crypto regulation tightens in India as lawmaker makes this move Read More »