Government makes first move to regulate Bitcoin, asks companies to disclose all cryptocurrency dealings
Indicka vlada ide urobit vlastne to, co uz ine vlady urobili. Defakto donutit indicke burzy implementovat KYC a AML.
“This a major step towards regulating the crypto assets in India and will bring in lot of transparency in reporting/filing of crypto investments. The move will boost institutional adoption of crypto assets in India and will take Indian crypto industry to the next phase of growth”
“With this move, the government has ensured, that in a global scenario wherein giants like Tesla, Paypal are actively participating in the crypto domain, the Indian companies are not falling back. Also, further to this, all the trading volumes by Indian companies go into accounts, which are huge"