Regulating virtual digital asset service providers in India can take from the model law

Regulating virtual digital asset service providers in India can take from the model law


India has placed the position of the second largest virtual digital asset market worldwide by September 2024, based on the amount of estimated raw transactions. The Financial Action Task Force has classified India under the report of ‘India’s money laundering and terrorist financing’ measures. ‘Regular follow -up’, which represents the highest rating category for the effectiveness of AML/CFT compliance standards. Virtual …

(Tagstotransite) virtual digital asset