Cryptocurrency’s moment of truth has arrived in India


Cryptocurrency’s moment of truth has arrived in India

A cryptic communication in the Lok Sabha bulletin has pushed the crypto community in India towards its moment of truth. Never before has the mere description of a Bill that would be introduced in Parliament caused a bloodbath in a market.

IndiaTech has recommended an evolved approach to Know Your Customer (KYC) guidelines and for cryptocurrency exchanges to share customer details with each other to map all users engaged in crypto transactions in India.


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