Apr 03, 2024

The Indian Cryptocurrency Saga Continues

The article “The Indian Cryptocurrency Saga Continues” explores the legal and regulatory environment for virtual digital assets in India, commonly known as ‘cryptocurrency’. It also delves into the compliance requirements applicable to the operation of cryptocurrency exchanges and crypto wallet providers.

The authors discuss the challenges encountered by cryptocurrency exchanges and crypto wallet providers from a regulatory standpoint in making available cryptocurrency to Indian users, including the repercussions ensuing from the recent intervention by the Financial Intelligence Unit of India (FIU-IND).

The article has been published by Legal Era and is available here.





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