Today news
About the same in other media
Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchanges
Reading now: 775
economictimes.indiatimes.comSebi), Reserve Bank of India (RBI) and the tax department to scrutinise Know Your Customer (KYC) data of investors that crypto exchanges have collected from clients. According to two people aware of the development, the new regulations would mandate cryptocurrency exchanges to share their KYC data, which mainly includes details of their investors, with the government. The KYC data could help regulators zero in on transactions across platforms, check that against bank deposits and even calculate or scrutinise gains and other discrepancies.
Presented ByDid you Know?
Amitabh Bachchan’s NFT collection that included Madhushala NFTs, The Loot Box NFT, Iconic Vintage Posters NFT, BigB Punks and NFT Arts was auctioned for $966,000 or Rs 7.18 crore,
Read more on economictimes.indiatimes.comAbout this in other media
Crypto Bill may not be introduced in Winter Session economictimes.indiatimes.com /3 years ago
Crypto Bill: More Changes Likely, Government May Consider Executive Order ndtv.com /3 years ago
Draft Cryptocurrency Bill In India: Prison Sentence, Fine Of Up To Rs 20 Crore For Violation ndtv.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
