neutral
India Still Resists Full Crypto Law, Says Document Seen by Media
According to a government document reported by India Today, India continues to resist a comprehensive crypto law. Instead of full legalization, the government prefers limited regulatory oversight, citing systemic risk concerns.
The approach reportedly includes requiring global crypto exchanges to register locally and imposing stricter checks against money-laundering without legitimising all digital assets. This cautious stance aims to strike a balance between innovation and financial stability.
Tags:
- crypto
- india
Explore:Mutual Fund Tools
neutral
India Still Resists Full Crypto Law, Says Document Seen by Media
According to a government document reported by India Today, India continues to resist a comprehensive crypto law. Instead of full legalization, the government prefers limited regulatory oversight, citing systemic risk concerns.
The approach reportedly includes requiring global crypto exchanges to register locally and imposing stricter checks against money-laundering without legitimising all digital assets. This cautious stance aims to strike a balance between innovation and financial stability.
Tags:
- crypto
- india
Explore:Mutual Fund Tools
1 min read
65 words
India favors limited crypto regulation, avoiding a full law despite industry calls for clarity.
According to a government document reported by India Today, India continues to resist a comprehensive crypto law. Instead of full legalization, the government prefers limited regulatory oversight, citing systemic risk concerns.
The approach reportedly includes requiring global crypto exchanges to register locally and imposing stricter checks against money-laundering without legitimising all digital assets. This cautious stance aims to strike a balance between innovation and financial stability.
According to a government document reported by India Today, India continues to resist a comprehensive crypto law. Instead of full legalization, the government prefers limited regulatory oversight, citing systemic risk concerns.
The approach reportedly includes requiring global crypto exchanges to register locally and imposing stricter checks against money-laundering without legitimising all digital assets. This cautious stance aims to strike a balance between innovation and financial stability.
Tags:
- crypto
- india
- crypto
- india
- policy
- regulation
- digital_assets