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The Digital Commodities Consumer Protection Act of 2022 is another legislation for regulating cryptocurrencies and digital assets in the U.S.
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The Digital Commodities Consumer Protection Act of 2022 is another legislation for regulating cryptocurrencies and digital assets in the U.S.
Crypto industry experts flag concerns in OECD's Crypto Framework at a public consultation meeting held recently.
A consultation paper on crypto is nearing completion and will soon be released by the Indian government as it seeks to regulate crypto assets.
OECD was seeking the crypto industry's input for a new global tax transparency framework.
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It has also proposed setting up a sandbox to explore use cases of distributed ledger technology.
The upcoming legislation requires mandatory authorisation for any person to engage in crypto-related activities.
This may be a sign that India's crypto space is evolving into a mature financial market even as tax uncertainties loom.
While most crypto exchanges in India welcomed the announcement, lawyers urged to consider the exact implications.
