News with the tag "india cryptocurrency"

The DEA’s paper is expected to be a watershed moment for India’s crypto regulation, potentially setting the stage for comprehensive legislation.

Despite tightening measures against money laundering and terror financing, India has no immediate plans to regulate cryptocurrency transactions.

In an unprecedented development within India’s crypto landscape, SEBI (Securities and Exchange Board of India), the nation’s market watchdog, has recommended several regulators oversee crypto trade nationwide. The decision, contrasting the RBI’s tightened grip on crypto, has promptly gained signific...

India’s Prime Minister Narendra Modi says crypto needs “a global framework and regulations.” He stressed: “The rapid pace of change of technology is a reality — there is no point in ignoring it or wishing it away. Instead, the focus should be on adoption, democratization, and a unified approach.” Mo...

Though crypto and virtual assets are gaining popularity, there exists certain criticism including terrorists’ usage of cryptocurrencies in an anonymous