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Crypto bourses block accounts as red flags rise
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economictimes.indiatimes.comtrading accounts, which undertake suspicious trades after government agencies raised red flags over cryptocurrencies being used for money laundering. The self-regulation comes at a time when India is yet to come out with any regulations around cryptocurrencies or the way to tax them. Industry trackers say investigators including cybercrime officials, the Enforcement Directorate and the income tax department, had raised red flags in the past few months. Also, top crypto exchanges are getting requests from foreign investigators regarding certain suspicious accounts.
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RBI is working towards a 'phased introduction' of the digital rupee. The digital rupee will likely coexist with cash and digital forms of payments.
View Read more on economictimes.indiatimes.comAbout this in other media
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