Win for Transparency, Say Industry Giants as Crypto Trade Comes Under Money Laundering Act Ambit
In the first step towards regulating cryptocurrency, the government said on March 7 that money laundering laws will apply to crypto trading, weeks after Finance Minister Nirmala Sitharaman said the regulation would be a topic of discussion at G20. In a notification, the Ministry of Finance said “exchange between virtual digital assets and fiat currencies, … Read more
