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No timeline for regulating cryptos, digital assets: Centre
Mint Mumbai
|December 17, 2024
No timeline has been set for introducing comprehensive regulatory guidelines for the virtual digital assets industry, Parliament was informed on Monday.
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The virtual digital assets are by definition borderless, and require international collaborations to prevent regulatory arbitrage. Therefore, any comprehensive regulatory framework on it can be effective only with significant international collaboration on evaluation of the risks and benefits and evaluation of common taxonomy and standard, minister of state for finance Pakaj Chaudhary said in a written reply in the Lok Sabha.
Dit verhaal komt uit de December 17, 2024-editie van Mint Mumbai.
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