Industry leaders stated clear guidelines would assist crypto gamers set clear operational boundaries and keep away from regulatory misinterpretations, which have typically led to issues with tax and regulation enforcement businesses.
Indian cryptocurrency exchanges need the federal government to place in place a comprehensive regulatory framework to assist them defend traders higher and fight cash laundering and anti-terrorist financing at the same time as they’ve been racked by ED raids, collapsing asset costs, and dipping volumes.
While Indian lawmakers have put in place an aggressive taxation coverage, a correct crypto regulation continues to be within the works.
Industry leaders stated clear guidelines
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