Opinion: Police Tactics Are Chilling India's Crypto Winter Further
If success has many fathers, thena crypto exchange in the eye of a money-laundering storm has become an orphan.
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If success has many fathers, thena crypto exchange in the eye of a money-laundering storm has become an orphan.
The finance minister said that RBI is suggesting to destabilize the effect of cryptocurrencies on the monetary and fiscal stability of a country.
The company said that many small investors would have offloaded their portfolios by March 31, however some big investors may still continue trading.
The finance minister also said that on the cryptocurrency front, there is certainly huge investment into these virtual digital assets, however, the government has not yet taken a stance on the regulations for the sector.
India has announced a massive change to cryptocurrency and NFT transactions, ushering in a 30% tax on transactions on both.