ED Has Seized INR 936 Cr In Relation With Cryptocurrency Frauds: Govt

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ED Has Seized INR 936 Cr In Relation With Cryptocurrency Frauds: Govt - Inc42

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The post ED Has Seized INR 936 Cr In Relation With Cryptocurrency Frauds: Govt appeared first on Inc42 Media.

Any legislation for regulation or for banning can be effective only with significant international collaboration on evaluation of the risks and benefits and evolution of common taxonomy and standards, he added.

Last week, Economic Affairs Secretary Ajay Seth said that India is working with the Financial Stability Board (FSB) to reach a consensus on regulating cryptocurrencies during the country’s G20 presidency itself.