Cryptopolitan
2023-12-28 22:35:33

India takes drastic measures against major crypto exchanges

In a landmark move, India has intensified its regulatory grip on the cryptocurrency market, targeting several prominent virtual digital asset service providers (VDA SPs). The Financial Intelligence Unit of India (FIU IND) has issued compliance Show Cause Notices to nine major offshore VDA SPs, signaling a decisive step in India’s approach to regulating the burgeoning

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