No issue with crypto in India if laws are followed - minister

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NEW DELHI :India's junior IT minister on Thursday said there was no issue with cryptocurrencies in India if all laws are followed, in remarks that contradicted the central bank's view advising investors to stay away from crypto.India has been trying to come up with regulation for cryptocurrencies, with a cent

NEW DELHI :India's junior IT minister on Thursday said there was no issue with cryptocurrencies in India if all laws are followed, in remarks that contradicted the central bank's view advising investors to stay away from crypto.

In the last budget, the government established a taxation framework for cryptocurrencies, while Prime Minister Narendra Modi said at the World Economic Forum last year that a collective global effort was needed to deal with the problems posed by the digital currencies.

 

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