Cracking Down on Offshore Crypto Trading Apps: Government Considers Ban over PMLA Violations
Navigating the Crossroads: The Unfolding Regulatory Landscape for Cryptocurrencies in India In recent developments, the Indian government is intensifying its scrutiny of offshore cryptocurrency trading apps, contemplating a potential ban on their operations within the country if found guilty of violating the Prevention of Money Laundering Act (PMLA). The move comes after the finance ministry … Read more