The Indian government has provided updates on its cryptocurrency bill and investigations of crypto exchanges in parliament.
Indian Government Updates Parliament on Cryptocurrency Bill and Investigations of Crypto Exchanges
Pankaj Chaudhary, minister of state in the Ministry of Finance, replied without providing a specific timeframe: Chaudhary explained that the Enforcement Directorate “is investigating several cases related to crypto frauds wherein a few crypto exchanges have also been found involved in money laundering.” The minister explained that as of Dec. 14:
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