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Indian govt considers giving deadline to declare crypto assets: Report

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Indian govt considers giving deadline to declare crypto assets: Report

timestampDec 09, 2021 authorAlShorts Web Desk

The Central government is considering giving Indian cryptocurrency holders a deadline to declare assets and become compliant with forthcoming new rules. Notably, SEBI will reportedly be roped in to oversee and regulate cryptocurrencies, given that it can potentially be classified as a financial asset. Growing by over 641% in 2021, the Indian cryptocurrency market has risen exponentially.

Latest News

Anonymous hacks more than 300 Russian official websites

Biden pushes for co-ordinated approach to crypto oversight

Covid-19 pandemic is not over, warn experts

US man who got first pig heart transplant dies two months later

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