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Regulation of Cryptocurrency
Sushila Ram
Author - Advocate Nitin Jain
The advent of cryptocurrency is a revolution in the domain of money. The popularity it gained and the issue that was raised about the legality and illegality of cryptocurrency is a trending matter of discussion among lawmakers, economists and general people. In India, this digital currency has also sparked a lot of debates and there is a plethora of confusion regarding the same.
The usage of cryptocurrency also increased frauds, misuse of money, money laundering etc. related to cryptocurrencies have also been witnessed. The decision of banning the usage of cryptocurrency is not sudden, as we have seen in RBI notifications and budgetary stance of the government, that have been given from time to time. Like India, various other countries have also decided to regulate the usage of virtual currencies. The recent Inter-Ministerial report and the draft bill has made it clear that India’s position on unregulated virtual currencies as complete bans are recommended for these.
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Sushila Ram
The Indian Lawyer & Allied services is a Multi-City Boutique Commercial Law Firm that can assist its Clients in the entire spectra of business laws. The Firm can advise a client from the inception of the business till it becomes operational and can give continued legal support to ensure hassle free business operations. The Firm is based out of New Delhi, Mumbai, Chennai, Hyderabad and Darjeeling, and has associate offices in several foreign countries. The Firm handles a varied list of clients.
Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.
Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.