Featured India Includes Crypto Businesses in New Rules for Cyber Security

Published on May 2nd, 2022 📆 | 6976 Views ⚑

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India Includes Crypto Businesses in New Rules for Cyber Security


iSpeech.org

While the industry views the announcement as a soft step toward regulation before crypto-specific legislation is enacted, the government has not suggested the move is a step toward regulation. A similar, but much stronger, move was the rule to tax crypto businesses before crypto-specific legislation, announced in February. At the time, a senior finance ministry official said “just because it is taxed does not make it legal.”





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