Know why govt brought crypto under money laundering law?

To tighten crypto regulations in the country, the government has announced all types of crypto businesses, including trading, safekeeping, and related financial services, will now come under the Prevention of Money-Laundering Act, of 2002.

   


Related Videos

Decoding the global chip shortage crisis!
Over the past few months, you have heard a whole lot of noise about a so-called chip shortage or chip crisis, but what exactly is this, and why is it happening?
Drone Festival of India 2022: Meet India’s 5 cutting-edge Drone Technologies
Here are the five most innovative drones from DFI 2022. With advancements in technologies, these drones will usher in a new era in Indian markets, serving sectors such as healthcare, e-commerce, defence, ride-hailing, food delivery, and others.
SME Futures Champions of Excellence – Varuna Anand, Founder, Splendor of Kashmir
The Splendor of Kashmir by textile designer Varuna Anand is an endeavour to promote the heritage art of shawl making in Kashmir and a tribute to the highly skilled craftsmen. She has skilfully recreated rare designs that would otherwise have been lost forever and the result is shawls crafted using the finest pashmina and hand embroidery. Her clientele includes the Maharana of Udaipur, Sara Pilot and Dr. Farooq Abdullah which speaks volumes of her work.
Top 5 Emerging Fintech Platforms
To operate hassle free the small businesses require free-flow of funds, where credit lending plays a crucial role. With this, the lending sector in India has transformed into a full-fledged industry, with advent of technology in credit solutions. Check out 5 emerging fintech platforms that have been helping MSMEs for funding with tech based solutions using automating policy checks, verifications, eKYC, among other governing protocols.
Thaely: Turning plastic bags & bottles into sustainable sneakers
Making best out of waste is Thaely’s USP. Thaely is a Delhi-NCR based footwear company and a sustainable startup founded […]