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India calls for International Crypto Regulation

India seeks global collaboration on crypto regulation, acknowledging challenges without a fixed timeline for comprehensive rules.While taxation on crypto-related income and anti-money laundering measures are already in place, the absence of a comprehensive regulatory framework still presents a problem due to digital assets’ borderless nature. India’s stance on crypto regulation continues to evolve, reflecting a balancing act between innovation, investor protection, and economic stability. In a recent statement to the Lok Sabha, the government acknowledged the challenges of regulating virtual digital assets (VDAs) without international collaboration. DO you think that Crypto should be left and be controlled amongst peers?

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